Tag Archives: lead tech

ServiceNow Beats Q4 Revenue Estimate And Q1 Views

ServiceNow continues to grow at the expense of much larger rivals. The cloud-based enterprise software provider on Wednesday posted fourth-quarter sales that soundly beat estimates, though its per-share loss was a penny more than views. ServiceNow’s (NOW) revenue outlook for the current quarter also surpassed estimates. The stock rose 5% in after-hours trading Wednesday. Its shares slid 2.3% to 57.60 during the regular session. ServiceNow uses the

Qualcomm Q1 Lightens Fears Of Smartphone Slowdown

Mobile technology giant Qualcomm late Wednesday reported earnings and gave guidance that appeared to alleviate fears that slowing smartphone sales would pressure its growth. But the developer of wireless chips for mobile phones posted mixed results for its fiscal Q1, ended Dec. 29. Revenue rose 10% from the year-earlier quarter to $6.62 billion, missing analyst consensus estimates of $6.66 billion. But Qualcomm (QCOM) reported earnings per share,

Yahoo Q4 Revenue, Display Ad Revenue, Fall

Yahoo late Tuesday reported another decline in revenue, hurt by a drop in display ad revenue, and the stock fell in after-hours trading. The Web portal’s Q4 earnings per share trumped Wall Street estimates, while sales were in line. The company forecast a slight gain in revenue in the current quarter, with CEO Marissa Mayer, in a webcast presentation, saying momentum should pick up in the second half of the year. “As expected, Yahoo reported muted