Tag Archives: lead tech

Gilead Beats Q4 Estimates, But Ducks Sovaldi Guidance

Big-cap biotech Gilead Sciences beat analysts’ fourth-quarter estimates on both the top and bottom lines late Tuesday and offered 2014 sales guidance for the first time, but didn’t project sales for its newly launched, much anticipated drug Sovaldi. After the markets closed, Gilead Sciences (GILD) said profit in the quarter rose 10% over the year-earlier quarter to 55 cents a share, beating analysts’ consensus by 5 cents, according to Thomson

Tableau Earnings Crush Views, Sales Growth Speeds Up

Tableau Software continued to find gold helping companies sift through a deluge of data, reporting blowout fourth-quarter earnings late Tuesday that sent shares soaring to all-time highs. The data analytics firm earned 20 cents a share ex items vs. 4 cents a year earlier. Analysts polled by Thomson Reuters expected a break-even Q4. Revenue jumped 95% to $81.5 million, the third straight quarter of faster growth. Analysts had seen $67 million.

Microsoft Plays It Safe, Hires Satya Nadella As CEO

The one word used most often to describe the selection Tuesday of Satya Nadella as the new CEO of Microsoft was “safe.” Analysts repeatedly described the longtime Microsoft (MSFT) executive as a “safe choice” for the job. Nadella, 46, has worked for Microsoft for 22 years, most recently as executive vice president of Microsoft’s Cloud & Enterprise group. His hiring ends a more than five-month search for a new CEO, launched after Steve Ballmer