Tag Archive | "gaap"

Dell Conference Call: Look, We’re Not A PC Company Anymore!

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During a conference call with analysts tonight, Dell (DELL) CFO Brian Gladden reiterated the company’s contention that it has no intention of going private, after pointing out that reported GAAP profit per share for the fiscal Q4 ending in January of 48 cents was the highest quarterly profit in the [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Cisco FYQ2 Beats: $10.4B Rev, $0.37 EPS; Shares Sag

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Cisco Systems (CSCO) this evening reported fiscal Q2 results ahead of analysts’ estimates, but shares traded down following the results.
Q2 revenue rose 6%, year over year, to $10.4 billion, with non-GAAP EPS of 37 cents, beating the average estimate of $10.24 billion in revenue and 35 cents per share in earnings.
Cisco’s [...]

Article courtesy of BARRONS.com: Tech Trader Daily

MEMC Jumps 5%: Year View Tops Estimates

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Shares of semiconductor wafer maker MEMC Electronic Materials (WFR) are up 41 cents, or almost 4%, and were up more than 5%, at one point, after the company missed Q4 revenue and earnings per share estimates, but announced a fiscal year forecast that appeared to be well above estimates.
Q4 GAAP [...]

Article courtesy of BARRONS.com: Tech Trader Daily

IBM: Price Targets Rising As Street Moves To Non-GAAP Accounting

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Shares of IBM (IBM) are up $4.75, or 3%, at $155.40 after the company yesterday afternoon reported better-than-expected Q4 revenue and earnings and forecast this year’s profit in line with estimates.
One particular accounting issue to deal with: IBM is moving to non-GAAP accounting in Q1, something the company had warned [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Oracle Up 4%: FYQ3 View Beats

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Shares of Oracle (ORCL) are up $1.28, or 4%, at $31.55 following better than expected fiscal Q2 results this afternoon, after management on a conference call with analysts said it expects total revenue growth in the fiscal Q3 ending in February, on a non-GAAP basis, of 31% to 35%, year [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Oracle FYQ2 Beats; Rev $8.6B, EPS $.51

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Shares of Oracle (ORCL) are up $1.03, or 3.4%, in late trading after the company reported fiscal Q2 revenue and earnings for the three months ended in November ahead of analysts’ estimates.
On a non-GAAP basis, Oracle reported revenue of $8.6 billion and profit per share of 51 cents. Analysts had [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Novell Q4 Rev Beats, EPS In Line

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Shares of Novell (NOVL), which is being bought by privately held Attachmate for $2 billion, are down a penny in late trading at $5.95 after the company this afternoon reported fiscal Q4 revenue of $207 million and non-GAAP net income per share of 7 cents.
That’s slightly better than the $204 [...]

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Intuit Q1 Revs Beat; Loss In Line

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Intuit (INTU) this afternoon reported revenue for its fiscal Q1 ended October 31 of $532 million, ahead of the Street consensus at $520 million. The company had a non-GAAP loss of 12 cents a share, in line with estimates. Revenue was up 12% from a year ago.
For the full year, [...]

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Blue Coat Q2 Beats By A Penny; Q3 View Misses; Shares Sag

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Blue Coat Systems (BCSI) this afternoon posted revenue for its fiscal second quarter ended October 31 of $121 million, in line with estimates, with non-GAAP profits of 38 cents a share, a penny better than the Street consensus.
For FY Q3, Blue Coat sees revenue of $121 million to $128 million, [...]

Article courtesy of BARRONS.com: Tech Trader Daily

Autodesk Q3 EPS In Line; Q4 Profit View Light; Shrs Slip Late

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Autodesk (ADSK) this afternoon reported revenue for its fiscal third quarter ended October 31 of $477 million, ahead of the Street at $471.1 million, with non-GAAP profits of 32 cents a share, in line with estimates.
For Q4, the company sees revenue of $500 million to $520 million, putting the mid-point [...]

Article courtesy of BARRONS.com: Tech Trader Daily