Arrow Electronics (ARW) this morning reported a solid beat-and-raise Q3.
For the quarter, the electronics and IT products distribution giant posted revenue of $4.66 billion and non-GAAP diluted profits of $1.08 a share, above the Street at $4.57 billion and $1.01.
For Q4, the company sees revenues increasing to between $5 billion [...]
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VMware (VMW) this afternoon posted better-than-expected Q3 results.
The virtualization software company reported revenue of $714 million and non-GAAP profits of 39 cents a share; the Street has been expecting $697.8 million and 35 cents.
For Q4, the company sees revenue of $790 million to $810 million, above the Street at $774.4 [...]
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ScanSource (SCSC) shares this afternoon are trading sharply higher after the company said it expects revenue for its fiscal Q1 ended September 30 of $623 million to $633 million, well above the Street consensus of $567.5 million.
SCSC in late trading is up $2, or 7.1%, to $30.20.
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And here’s another one.
Pacific Crest analyst Andy Hargreaves this morning raised estimates on Apple (AAPL), citing “improved iPhone and iPad supply.”
The analyst now sees EPS for the fiscal fourth quarter ended September of $4.37, up from $4.31, and way above the Street consensus at $4.01. For FY 2011, he now [...]
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Tibco (TIBX), which earlier this afternoon posted better-than-expected results for its fiscal third quarter ended August, told investors on a conference call that the company sees revenue for FY Q4 of $225 million to $230 million, nicely above the Street consensus at $216.3 million, and up sharply from the $184.5 [...]
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Finisar (FNSR) shares are trading higher after hours on stronger-than-expected results for its fiscal first quarter ended August 1.
For the quarter, the company reported revenue of $207.9 million and a non-GAAP profit of 31 cents a share, above the Street at $201 million and 23 cents.
For FY Q2, the optical [...]
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Canadian Solar (CSIQ) this morning reported mixed Q2 results.
The company posted revenue of $328.7 million, above the Street at $305.7 million; but non-GAAP profits of 7 cents a share was short of the Street consensus at 15 cents.
For Q3, the company expects shipments of 190-200 MW, up from 181 MW [...]
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Dell (DELL) this afternoon reported results for its fiscal second quarter ended July 30 that were a tad above the Street consensus.
For the quarter, the PC maker posted revenue of $15.5 billion, up 22% from a year ago, and ahead ahead of the Street at $15.2 billion. Non-GAAP profits of [...]
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Taiwan Semiconductor (TSM) this morning reported better-than-expected Q2 results – and in a bit of good news for the chip equipment sector, the chip foundry raised its 2010 capital spending forecast.
For the quarter, the company reported 104.46 billion New Taiwan dollars, which translates to $3.269 billion, above the Street at [...]
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Akeena Solar (AKNS) this morning reports Q2 revenue of $9.9 million, up 54% from Q1, and above the Street consensus at $8.9 million. The solar installation company posted an adjusted loss for the quarter of $3.4 million, or 9 cents a share; the Street had expected a loss of 8 [...]
Article courtesy of BARRONS.com: Tech Trader Daily