The latest earnings results are in for Arrow (the distributor) and Meru Networks. How is the technology sector performing so far in 2013? Here are the latest clues.
Has anyone ever heard of Meru or used their products? At a major hospital near me, I noticed they were using their access points. I was wondering how they compare to other enterprise AP, such as Cisco or Ubiquiti.
Chinese PC kingpin Lenovo has done it again, outperforming the industry for the 18th consecutive quarter by posting Q2 2013 sales of $9.8 billion, a 13 percent year-over-year increase, while ballooning its earnings by 36 percent from last year to $220 million.
Zillow today announced its Q4 2013 earnings. The company booked $58.3 million in revenue (up 70% year-over-year) for a GAAP earnings per share of $0.07 and non-GAAP EPS of $0.20. Net income was $2.7 million.
In the year-ago quarter, Zillow reported earnings of $34.3 million and net income of $500K.
Hewlett-Packard‘s (NYSE: HPQ) Q1 2013 revenues fell 6 percent and net income fell 16 percent, but the results beat analyst expectations. The earnings come as HP Global Partner Conference 2013 — a mostly upbeat gathering — wraps up in Las Vegas. So what’s the reality check for HP PartnerOne partners?
Google just published its Q4 earnings report and the results are mostly in line with Wall Street expectations, though it missed on earnings per share due to larger than expected losses at Motorola, which doubled from the year-ago-quarter.
Over the last three months, the company reported revenue of $16.86 billion and $3.37 billion in net income.
You’d think investors would be happy. Twitter just released its first quarterly earnings report as a public company, with revenue and earnings coming in significantly ahead of analyst estimates.
And yet, as of 6:02pm Eastern time, Twitter’s stock had fallen 18 percent in after-hours trading. What happened?