Ashley Capoot / CNBC:
Cisco reports Q1 revenue up 6% YoY to $13.6B, vs. $13.3B est., including Secure, Agile Networks up 12% YoY to $6.68B, and increases its FY 2023 revenue guidance — – Cisco reported fiscal first-quarter results on Wednesday that beat analysts’ estimates on top and bottom lines.
CNBC:
A look at enterprise networking infrastructure startup Nile, led by two former Cisco executives, which has quietly raised $125M in the past four years — – Nile is being led by Cisco’s former development chief Pankaj Patel and was co-founded by John Chambers, who spent two decades as Cisco’s CEO.
Jordan Novet / CNBC:
Twilio reports Q3 revenue up 33% YoY to $983M, vs. $972.2M est., 280K+ active customer accounts, and Q4 revenue guidance below estimates; the stock drops 15%+ — – Twilio’s quarterly revenue projection was softer than analysts had been looking for. — The company added about 5,000 active customer accounts in the quarter.
Ashley Capoot / CNBC:
Roblox reports Q3 revenue up 2% YoY to $517.7M, bookings up 10% YoY to $701.7M, and DAUs up 24% YoY to 58.8M; stock drops 15%+ on a larger-than-expected loss — – Shares of Roblox fell more than 17% in premarket trading Wednesday after the company reported a third-quarter loss but beat analyst estimates for revenue.
Kif Leswing / CNBC:
Nvidia reports Q3 revenue down 17% YoY to $5.93B, vs. $5.77B est., including Data Center revenue up 31% YoY to $3.83B and Gaming revenue down 51% YoY to $1.57B — – Nvidia reported fiscal third-quarter results on Wednesday for the period ending in October with sales beating analyst expectations but earnings per share coming in light.
Ashley Capoot / CNBC:
Palantir Q3: revenue of $478M, up 22% YoY, vs. $470M est., US commercial customer count increased 124% YoY and US commercial revenue up 53% YoY; stock down 12%+ — – Shares of Palantir fell Monday after the company released third-quarter earnings before the bell that missed analyst estimates for earnings but beat on revenue.
Jordan Novet / CNBC:
IBM reports Q3 revenue up 6.5% YoY to $14.11B vs. $13.51B est., with software revenue up 7.5% YoY to $5.81B vs. $5.54B est., and lifts FY 2022 revenue forecast — – IBM beat on the top and bottom lines and raised its revenue growth forecast for all of 2022.
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