Articles about Quarter Revenues

Brocade broadcasts financial success. Well, if you call an 89% profit drop 'success'

Helped by two months of Ruckus Wireless ownership, Brocade's revenues for the third quarter of fiscal year 2016 were up seven per cent annually to $591m, a 13 per cent quarter-on-quarter increase. The company posted profits of a paltry $10.5m, 89 per cent down on the year-ago quarter's $91.7m, and 23.3 per cent less than the …
Chris Mellor, 26 Aug 2016
Man in tie smashes printer with baseball bat in a field.

Error: Print job 'Money' failed for laserjet001.lan.hp.com

HP Inc says it will move forward with its plans to cut costs and refocus its business as it posted better than expected quarterly numbers. For the three months to July 31, Q3 of its 2016 fiscal year, the printers and PCs half of the HP split reported: Revenues of $11.9bn were down four per cent on the year-ago total of $12. …
Shaun Nichols, 25 Aug 2016
Man ties laces on running shoe pre-jog. Photo by Shutterstock

'Disciplined' NetApp cuts weight, turns in a prettier spreadsheet

NetApp revenues dropped 3.7 per cent year-on-year to $1.29bn for its first fiscal 2017 quarter, ended July 29, but it turned a year-ago loss of $30m into a $64m profit as it reined in expenses. CEO George Kurian referred to this in his prepared quote: "We are pleased with our first quarter results. Our focus on disciplined …
Chris Mellor, 18 Aug 2016
Asus S1

Mobile malaise drags down Asus Q2 numbers

Asus has reported a double digit slide in net income for the fourth quarter, highlighting that even overtaking Apple in the computer sales stakes is no golden ticket to world domination. The netbooks and bikinis innovator turned in Q2 net revenues of $NT93.9bn (£2.3bn), a 5 per cent slip on the same period last year, results …
Joe Fay, 12 Aug 2016
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Biz data wrangler's lost its head and gained another. Let's have a look at the Tera...data

After its first 2016 quarter loss and CEO change how did business data analysis haus Teradata do in its second 2016 quarter? Revenues of $599m were down down 3.9 per cent on the year-ago quarter’s $623m but 9.9 per cent higher than the first 2016 quarter, good news there. There was a profit of $64m, better than last quarter’s …
Chris Mellor, 03 Aug 2016
Boss leans back comfortably in desk. Pic via Shutterstock

HPE loses its cloud and storage heads: No Goel, Vrij packs up, Fink runs

What's going in HPE? It has lost a cloud boss, a storage boss and VP for Americas sales in one day, and set up a new cloud division in a focus-sharpening exercise. Manish Goel, SVP and GM for HPE's storage business has gone. Bill Hilf, SVP and GM of HPE Cloud has gone. Robert Vrij, sales managing director for the Americas has …
Chris Mellor, 02 Aug 2016
Crowd watches fireworks at night in the field. Photo by Shutterstock

WD disk revenues spin slower as its flash fireworks go off

WDC beat its own better-than-expected preliminary results estimates with a $3.495bn quarter but swung to a $351m loss with fewer disk units sold. Layoffs are coming. Revenues for the fourth fiscal 2016 quarter, ended July 1, were 9.2 per cent higher than a year ago and 24.8 per cent up on the previous quarter. This quarter …
Chris Mellor, 29 Jul 2016
Microsoft CEO Satya Nadella

Microsoft Azure doubles up to $800m a quarter – and is wiped out by dying phone sales

Analysis All eyes were on Microsoft's cloud business today as it published its fourth-quarter and full-year financial results. Amid the numbers, Redmond boasted that its Azure revenues from the quarter were up 102 per cent year-on-year – we estimate the cloud service's revenue to be about $800m in total for the period. Meanwhile, …
Iain Thomson, 20 Jul 2016
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DRAM and blast it: Micron staff face axe after flash woes

Micron made a loss of $215m in its latest quarter, job losses are coming, and the Seagate eSSD partnership hasn’t taken off. Its fiscal third 2016 quarter revenues were $2.9bn, compared to $3.85bn a year ago and $2.93bn a quarter ago, when it made a $97m loss. Things have gotten a whole lot worse since then on the price-mix …
Chris Mellor, 04 Jul 2016
Train wreck

The screeching of Violin Memory's parting strings is horrible

Another great quarter. Not. Violin Memory made a paltry $9.7m in revenue and posted a $22m loss for its first fiscal 2017 quarter. Revenues were down 20 per cent on the year-ago quarter and 11 per cent on the previous quarter, the fourth fiscal 2016 quarter, when revenues of $10.9m and losses of $25.5m were followed by lay- …
Chris Mellor, 27 May 2016
HBO: Game of Thrones

The Quantum of Solace: You've still got tape. Don't forget that

Quantum’s latest results show that scale-out storage is still not growing fast enough to outweigh declining tape storage revenues – and Quantum is still a shrinking business. Let’s do the annual numbers to show the big picture first. Revenues for the full fiscal 2016 year, ended 31 March, were $475.9m, down 14 per cent year- …
Chris Mellor, 11 May 2016
IBM Selectric Golfball

Commvault profits up

Commvault grew its revenues and profits in its fourth fiscal 2016 quarter. Revenues of $159.6m were up 6 per cent year-over-year and 2.5 per cent sequentially. There was a $5.8m net profit, up 70.6 per cent on a year ago, and 18.4 per cent sequentially. Software revenue was $73.3m, an increase of five per cent year-on-year. …
Chris Mellor, 03 May 2016
SanDisk Z410

SanDisk's enterprise flash sales are embiggening nicely

SanDisk enjoyed fatter revenues on an annual compare in its first quarter, driven by higher enterprise product sales. First 2016 quarter revenues of $1.37bn were three per cent up the $1.33bn recorded a year ago and, as expected, seasonally down on the final 2015 quarter’s $1.54bn by 11 per cent. There was a profit of $78m, a …
Chris Mellor, 28 Apr 2016
Scotty in the original Star Trek

Qualcomm channels Star Trek's Scotty as it faces a mobe chip wreck

Analysis Mobile chip designer Qualcomm typically channels Star Trek's Montgomery Scott, the chief engineer who under-promises to appear a miracle worker when he eventually delivers. The California-based biz follows the Scotty playbook by the letter. Just like the Enterprise's engineering guru would suck his teeth, cock his head, say it …
Chris Williams, 21 Apr 2016

Brocade stirs up a Ruckus, swallows wireless kit maker for $1.5bn

Brocade is buying Ruckus Wireless for cash and shares, valuing Ruckus at around $1.5bn, and giving it entry to the growing enterprise wireless networking market. The deal has been approved by both companies’ boards of directors. Ruckus stockholders will get $6.45 in cash and 0.75 shares of Brocade common stock for each share …
Chris Mellor, 04 Apr 2016

Sphere 3D keeps business ship afloat atop sea of red ink

+Comment Overland Storage's – oops, sorry – Sphere 3D's ability to walk on water, otherwise known as floating on red ink, continues unabated with its fourth quarter and full calendar year 2015 results. Tape and disk data protection vendor Overland Storage was bought by Sphere 3D in December 2014. Much has been made of its Glassware …
Chris Mellor, 01 Apr 2016

Pure pleasure with stonking final fiscal 2016 quarter

It was pure pleasure as Pure Storage reported a final fiscal 2016 quarter with revenues up higher than expected and losses down. The company reported fourth-quarter revenues of $150.2m, a 128 per cent increase from the year-ago quarter and a 14 per cent rise from the third quarter's $131.4m. There was a net loss of ‑$44.3 …
Chris Mellor, 03 Mar 2016

Arista cats hiss at Cisco, crack open the cream after bumper sales

Arista Networks has topped analyst expectations by posting a 40 per cent revenue jump in its latest quarterly returns. The networking company said the fourth quarter results put the cap on a "spectacular" 2015 that saw revenues spike even in the midst of an ongoing legal struggle against Cisco. "I have been pleased with the …
Shaun Nichols, 19 Feb 2016
Screaming kid

Teradataaaaargghh! How to go from years in the black right into the red

Data warehouser and analyzer Teradata is suffering still. It's made a full-year loss as fourth-quarter 2015 revenues continued a multi-quarter tumble. Sales were $719m, down 6 percent year-on-year, and full year revenues of $2.53bn were down 7 per cent year-on-year. The fourth quarter net income was a profit of $41m, 65.3 per …
Chris Mellor, 04 Feb 2016
Still from Stand By Me movie. Pie eating contest

SanDisk struggles to fatten itself up ahead of WD takeover

A final growth quarter but revenue declines on the annual compare, amid falling annual revenues, end a tough year for SanDisk as it prepares to be acquired by WD. Final 2015 quarter revenues were $1.54bn, 11.5 per cent on the year-ago quarter, although they were 6.2 per cent higher than the third 2015 quarter. This beat Wall …
Chris Mellor, 28 Jan 2016

Pure Storage flashes post-IPO results: Get a load of our... revenues

All-flash array startup Pure Storage enjoyed a pretty good first post-IPO quarter, with triple-digit annual growth, a double-digit sequential revenue rise, and lessening losses, as it secured hundreds of new customers. Revenues for its third fiscal 2016 quarter, ended 31 October, were $131.4m, beating analysts’ estimates, with …
Chris Mellor, 03 Dec 2015
Titanic sinking

Off-key Violin Memory stuck on a bridge over troubled waters

Disaster! Violin Memory completely failed to report recovery-level third-quarter revenues. In fact things went from bad to worse at the Santa Clara storage biz. Sales in its third-quarter of fiscal 2016, ending October, amounted to $12.5m, 18 per cent lower sequentially and 42 per cent lower compared to the year-ago quarter's …
Chris Mellor, 03 Dec 2015

Systemax offloads North America problem child to PCM for $14m

Ailing tech supplier Systemax looks to have dealt with the corporation’s problem child – it is selling “certain assets” of the North American Technology Group (NATG) to PCM for $14m and will shutter the rest. The once mighty reseller has reported steep losses and falling sales this year; it has already closed 31 retail stores …
Paul Kunert, 19 Nov 2015
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Last orders cost Quantum dear as it limps to $11.2m loss

Storage company Quantum has confirmed its early October revenue warning, with second fiscal 2016 quarter revenues of $117m, and not the hoped-for $125m. There was a loss of $11.2m in the quarter, which compares with a loss of $10.8m in the previous quarter, and indeed a profit of $1.2m in the year-ago quarter. It attributed a …
Chris Mellor, 30 Oct 2015

WD is gobbling SanDisk, so what's on the menu? A deflating soufflé

Revenues of $1.45bn in SanDisk's third calendar 2015 quarter were 17 per cent down on the annual compare, although that number beat Wall Street's estimate of $1.4bn. They were comfortably higher than the second quarter's $1.23bn, in fact 17 per cent higher – neat. Net income was $133m, a huge 50 per cent less than the year-ago …
Chris Mellor, 21 Oct 2015
EE Power Bar

EE reports flat Q3 sales, keeps mum on Power Bar recall debacle

EE reported flat third-quarter revenues to the City this morning and tried to ease investors by promising – once again – that it would do a better job on customer service. During the three-month period ended 30 September, the mobile carrier was battling a major product recall. But it made no mention of the Power Bar blunder …
Kelly Fiveash, 21 Oct 2015

Quantum sells so much product that its earnings might shrink

Quantum says it will make lower revenues than expected this quarter because it sold too many products and its supply chain couldn't keep up. How does that work? The data centre equipment firm thought its revenues for its second fiscal 2016 quarter, which finished on September 30, were going to be between $120m and $130m. Now …
Chris Mellor, 08 Oct 2015
Working Girl film

Apple muscles in on biz world AGAIN – this time with Cisco pact

Apple has inked a deal with networking giant Cisco, as Cupertino beefs up its efforts to pull in more business customers. Financial details of the agreement were kept secret. But the motivation was clear: to make iOS devices work more smoothly on networks that use Cisco kit. Apple said it planned to integrate its iThings with …
Kelly Fiveash, 01 Sep 2015
Roman_Centurion_from_Wikipedia

Symantec’s dismal results show need for Veritas sale

Symantec’s latest results, published on the day of the Veritas sell-off announcement, show a 14 per cent revenue decline and 49 per cent profit fall on the annual compare. Revenues of $1.5bn produced profits of $117m, compared with $1.74bn and $236m respectively a year ago. On the sequential compare, the previous quarter’s …
Chris Mellor, 12 Aug 2015
Skier

Poor Imation's revenues continue their never-ending death spiral

Imation’s board may be thinking that breaking up is hard to do. But, with the continuing decline in revenues, the only way to get any value out of the company may be to sell off the promising parts and forget the rest. It carried on plunging down the revenue slope with a 15.7 per cent annual decline in its second-quarter 2015 …
Chris Mellor, 11 Aug 2015
Scrooge McDuck

BREAKING NEWS: Apple makes money

Apple has kept up its record pace, posting a third-quarter profit of $10.67bn (£6.43bn), up 38 per cent year on year, from revenues of $49.6bn (£31.8bn). The Cupertino giant said it flogged 47.5 million iPhones in what was its best-ever third fiscal quarter performance [PDF] to date. Revenues from the three-month period to …
Shaun Nichols, 22 Jul 2015
empty_box

Not Boxing clever: non-paying customers still hold sway

File sharer Box’s burst into profitability is still being delayed (for quarter after quarter) by its massive, heavy boat anchor of pay-nothing customers. First-quarter revenues rose 45 per cent from a year ago to $65.6m, beating Wall Street estimates, while the net loss deepened 23 per cent from a year ago to $47.3m. Revenue …
Chris Mellor, 12 Jun 2015
SEO

NetApp's customers resisting Clustered ONTAP transition

Customer resistance to complex Clustered ONTAP migrations caused a slowdown in hardware sales at NetApp, with revenues clearly shrinking. Fiscal 2015 fourth-quarter revenues declined 6.6 per cent year-on-year from $1.65bn to $1.54bn. Net income was $135m, down from $197m (32 per cent). The full-year revenues told the same story …
Chris Mellor, 21 May 2015
Broom

QLogic escapes HBA flat trap with Ethernet and add-on services

QLogic, a storage networking adaptor vendor, is escaping the sagging Fibre Channel host bus adapter (HBA) revenue trap by focussing on fast Ethernet and adding in-line data reduction, availability and encryption services. Analyst haus Stifel Nicolaus' MD, Aaron Rakers, sees QLogic ramping up its 10GbitE products, with 25/50/ …
Chris Mellor, 19 May 2015
Stop sign in front of a bush. Image via Shutterstock

CommVault struggles to get the wheels back on its growth engine

A hard rain's a-gonna continue to fall as CommVault's uphill struggle shows a fourth fiscal 2015 quarter revenues fall. The US sales mix-up is being corrected and the appliance business is growing, but just when they're not wanted foreign currency problems pop-up. Fourth quarter FY2015 revenues were $150.7 million, 4 per cent …
Chris Mellor, 07 May 2015

Seagate's third quarter results looking lacklustre as profits tumble

Seagate has reported year-on-year declines in third-quarter revenue and profit, as notebook enhancements went unnoticed. Third fiscal 2015 quarter revenues were $3.3bn, 3 per cent down on the $3.4bn recorded a year ago and 11 per cent lower than the second full-year 2015 quarter's $3.7bn. Profits were $291m, 26 per cent down on …
Chris Mellor, 20 Apr 2015
Bloody Serial Killer Shower Curtain

Bloodied SanDisk preps for job cuts after market reading mis-steps

Comment SanDisk said its Q1 numbers were going to be bad, and bad they were, with revenue and profits drops due to an embedded component material screw-up and execs not seeing where the market was going. Job cuts are coming. What’s happened is that SanDisk fell short in the enterprise market, mis-read trends, and then discovered it …
Chris Mellor, 16 Apr 2015
Larry Ellison

Oracle in dollar bother – but Larry's in a fighting mood over cloudy future

Larry Ellison appears unbothered by Oracle's third-quarter revenues remaining flat at US$9.3bn, despite that sum disappointing financial analysts. Big Red revealed its recent results today, and GAAP net income for the three-month period ended February 28 was $2.5bn, down three per cent year on year, or 56 cents per share. …
Iain Thomson, 18 Mar 2015
An obese belly, dangling freely. Pic: Tony Alter

Woah there Dot Hill, that's one seriously fat sales boom

A five year slump is over and high-end SAN maker Dot Hill is back after posting monster fourth-quarter revenues. Full year revenues still have a way to go, though, before the firm beats its 2010 high point. $69.1m was the revenue number for the fourth 2014 quarter, 17.5 per cent up on the $58.8m recorded a year ago, and 5.6 …
Chris Mellor, 09 Mar 2015
Broke - empty pockets

Violin Memory's strings snap as losses DOUBLE from last quarter

Violin Memory's fourth fiscal 2015 quarter revenues sucked. Its statement put it plainly enough: "Fourth quarter fiscal 2015 revenue was $20.5m, six per cent lower sequentially compared to $21.7m reported in the third quarter of fiscal 2015, and 27 per cent lower compared to $28.0m reported in the fourth quarter of fiscal year …
Chris Mellor, 06 Mar 2015
wall_street

Nimble revenue diet gets fibre supplement

IPOed hybrid array market star Nimble Storage beat the street with fourth-quarter revenues of $68.3m, and lost less money than last quarter as Fibre Channel sales kicked in. Can it keep on like this? The revenue was up 64 per cent on an annual compare. Losses of $24.7m were less than the previous quarter's $28.4m, but almost …
Chris Mellor, 27 Feb 2015

Not just Imation's imagination: That sinking feeling is real

+Comment Imation has turned in another quarter of revenue decline and losses and a full year of shrinking revenues. Its management is talking about strategic options and unlocking value with a financial advisor – which sometimes means selling off non-performing assets, though we couldn't say it does in this case. Let's get the numbers …
Chris Mellor, 10 Feb 2015

Emulex ends seven-quarter run of losses

+Comment After seven straight quarters of losses, Emulex has made a $4.3m profit in its second financial 2015 quarter – but that performance might not be repeated next quarter. The profit was better by far than the $4m loss a year ago and the $700k loss in the previous quarter. Revenues were $111.1m, above guidance but still 9.7 per …
Chris Mellor, 30 Jan 2015
Stormy Dover. Pic: Phil Houghton

CommVault CEO: Quick, throw me some more sales reps

Data protection and archiving vendor CommVault is in a profits hole and management hasn't been able to stop digging yet. Profits of just $3m in its third full-year 2015 quarter were only two per cent of revenues, after being 4.3 per cent in the previous quarter and five per cent a year ago, when revenues of $153.3m were …
Chris Mellor, 29 Jan 2015
Yahoo!'s Q4 2014 earnings conference call

Yahoo's! Mayer!: We'll! spin! off! $40bn! Alibaba! stake! and! pay! ZERO! tax! on! it! Ha!

Yahoo! has announced plans to sell off all of its remaining stake in Chinese online giant Alibaba, even as its latest earnings report shows a company struggling to pull in revenue on its own. The Purple Palace said on Tuesday that it will spin off all of its remaining holdings in Alibaba – some 384 million shares worth an …
Neil McAllister, 28 Jan 2015
Larry Ellison on stage at the launch of Oracle's X5 engineered systems range

The firm that swallowed the Sun: Is Oracle happy as Larry with hardware and systems?

Oracle-Sun anniversary One Sun swallow doesn’t make a hardware summer, and while it certainly hasn’t for Oracle, it is far from being in a hardware winter for the firm. Oracle's gulp of Sun Microsystems on 27 January 2010 – five years ago today – has resulted in a generally flagging Sun hardware product business and the growing Engineered System …
Chris Mellor, 27 Jan 2015

Seagate belches, chomps down another greenback burger

Seagate’s second quarter revenues for 2015 rose 4.8 per cent over the year to $3.7bn while profits more than doubled to $933m, up from $428m a year ago. Last quarter’s revenues were higher, at $3.8bn, yet profits were $381m. This meant they made up just 10.1 per cent of its revenues compared to 25.2 per cent profit in the latest …
Chris Mellor, 26 Jan 2015
Intel headquarters, Santa Clara

Medic! Intel can't stanch bleeding from mobile chip biz

Intel closed the book on a smashing first full year under CEO Brian Krzanich on Wednesday, reporting record revenues and earnings that beat analysts' estimates. But not every aspect of its business looked equally healthy, with mobile as the obvious trouble spot. Chipzilla pulled in $55.9bn in revenues during its fiscal 2014, a …
Neil McAllister, 15 Jan 2015

Grow, grow, Grohe, you gloat. Well done that sales team. Merrily, merrily, merrily, merrily, profit is just a dream

Blink and you’ll miss it: Barracuda made a microscopic loss of $36,000 in its latest quarter. That's just 0.1 per cent of its $70.4m revenues. This is a company growing sales by 17 to 20 per cent in each quarter compared to the year before – nothing dramatic but more than respectable. Barracuda Networks sells data protection …
Chris Mellor, 14 Jan 2015

Storage firm Box: We're BIG enough... to FLOAT

Market concerns over the delayed public offering of personal cloud content manager Box could be easing, after it filed updated IPO documents showing reduced losses during a nine-month period in its fiscal 2015 year. The offering, with the S1 document filed in March, was delayed initially as players saw the growing losses as …
Chris Mellor, 11 Dec 2014