Pharmacy retailer Rite Aid swung to a much larger profit in the third quarter than expected, from a loss last year, with help from debt retirements and increased adjusted EBITDA. In a heavily short market it popped 45% after the release.
Adobe Prints Record $11 Billion in Annual Revenue On In Line Earnings
Software solutions provider Adobe Systems reported better than expected earnings Fourth quarter earnings on Thursday with record quarterly revenue of $2.99 billion, 21% y/y growth. In fiscal year 2019 $ADBE saw record annual revenue of $11.1 7 billion, up 24% year-over-year
Salesforce Revenue Growth Continues With MuleSoft and Tableau Integration
Cloud enterprise software firm Salesforce.com reported better than expected third fiscal quarter earnings after the market Tuesday. $CRM also raised guidance. Salesforce again saw growth from it’s $6.5 billion acquisition of MuleSoft, Tableau Software began it’s integration
Oracle Earnings Beat With Fusion and NetSuite Cloud Applications Sales
Software giant Oracle reported better than expected fiscal fourth quarter earnings after the close Wednesday. $ORCL benefited from Fusion and NetSuite cloud applications sales with competition on two main fronts, $AMZN Cloud infrastructure and $CRM platform database.
Salesforce Beats Earnings And Raises CRM Guidance
Cloud enterprise software firm Salesforce.com reported better than expected first quarter earnings after the market Tuesday. $CRM also raised guidance. Salesforce again saw growth from it’s $6.5 billion acquisition of MuleSoft.
Adobe Reports Record Revenue But Guides Lower
Software solutions provider Adobe Systems reported better than expected earnings first quarter earnings on Thursday with a marked increase in revenues. However ADBE guided lower than expected for next quarter disappointing investors.
Salesforce Reports Higher Earnings But Lowers CRM Guidance
Cloud enterprise software firm Salesforce.com reported better than expected fourth quarter earnings after the market Monday. $CRM fell on the news however after what was seen as disappointing guidance.Salesforce saw growth from it’s $6.5 billion acquisition of MuleSoft.
Oracle Earnings Beat as Cloud Revenue Grows
Software giant Oracle reported better than expected fiscal second quarter earnings after the close Monday. $ORCL faces competition on two main fronts, $AMZN for Cloud infrastructure and $CRM platform database revenue.
Salesforce Reports Higher Earnings and Revenue Growth With Mulesoft Boost
Cloud enterprise software firm Salesforce.com reported better than expected third quarter earnings after the market Tuesday. Technology stocks have been sold off heavily recently and $CRM was up around 3% after the release. Salesforce saw growth from it’s $6.5 billion acquisition of MuleSoft.
Oracle Cloud Services Earnings Dissappoint
Software giant Oracle reported fiscal first quarter earnings after the close Monday missing on revenue but beat on earnings. $ORCL dissappointed in the face of competition on two main fronts, $AMZN for Cloud infrastructure and $CRM platform database revenue.