earnings
Capita to Save £20 Million by Permanently Shutting 25 Premises
The realignment of working practices continues, as more news filters through on the decisions being made by business leaders about…
BP, Amid Eye-Watering Losses: “We’re Going to Double Digital CapEx”
BP plans to double capital expenditure on digital by 2025 as part of an aggressive business transformation, the company confirmed…
VMware CEO After Storming Quarter: “Tech is Stronger than GDP”
Virtualisation giant VMware's Q1 outperformed expectations, with subscription and SaaS revenue for the quarter climbing 39 percent on-year to $572…
Cisco Anticipates 11% Contraction – Paints a Picture of Silver Linings
Cisco said it anticipates revenues to shrink up to 11.5 percent in 2020. The comments came as the networking giant…
Microsoft Admits Supply Chain Issues Hit Cloud Server Supply
Microsoft has admitted to investors that it faced some "supply chain issues coming into the quarter" as cloud providers scrambled…
Pandemic? What Pandemic? Taiwanese Semiconductor Foundry’s Earnings Suggest Roaring Demand
Analysts may be predicting pandemic-induced recession of varying degrees of depth in coming months, but one business has been doing…
Dell Hints at More Asset Sales: PC Sales Steady, Servers Slump
Dell shares fell today after the PC and server specialist reported essentially flat earnings, with a 35 percent fall in…
Salesforce Appoints ex-BT CEO, Makes a Fresh Cash Deal, Raises Revenue Guidance
Salesforce has reported fourth quarter earnings of $4.85 Billion, up 35 percent year-on-year, announced the appointment of former BT CEO…
Brexit Takes a Chunk Out of Cisco’s Earnings, as Headwinds Blow
Cisco's earnings fell flat this week, with the networking specialist posting a four percent fall in revenues year-on-year to $12…
Alphabet Reveals Cloud, Youtube, Google Search Revenues for the First Time
Google owner Alphabet has revealed precisely how much money it makes from Cloud, Search, and Youtube for the first time…