Tag Archives: lead tech

Oracle Hardware Business Seen Finally Turning Corner

Long a drag on the company, Oracle’s hardware business could finally see steady growth. The business-software giant has used its engineered systems to revive its once-fading hardware business. The strategy resulted in Oracle (ORCL) last quarter reporting the first-ever year-over-year revenue growth for its hardware unit. Revenue from engineered systems — mostly the Exadata, Exalytics and Exalogic servers integrated with certain business software —

3D Systems, Stratasys Struggle With 3D Printer Hype

The first-quarter earnings reports of Stratasys and 3D Systems had a lot in common, both positive and negative. Both showed Q1 revenue growth in double digits. Stratasys (SSYS), which reported earnings Friday, showed revenue growth of 54% from the same quarter a year ago. 3D Systems (DDD), which reported earnings 10 days earlier, posted a 45% increase in revenue. Both beat consensus revenue estimates. But, to the dismay of analysts, both companies

Telecom M&A Driving Dish Network, Other Stocks

M&A chatter outweighed financial results for pay TV and telecom companies in Q1. “It’s hard not to feel that we are seeing a speculative bubble across the whole sector, where deal speculation has replaced valuation and real analysis as the only thing that really matters,” Craig Moffett, analyst at the research firm MoffettNathanson, told IBD. The earnings season for pay TV firms drew to a close on Thursday, with No. 2 satellite TV broadcaster Dish