Articles about q2

red_hat_648

Red Hat raises guidance after good Q2

Red Hat rode on the back of rising cloud subscriptons to turn in a good Q2. Revenues for the quarter ended 31 August, 2015 were up 13 per cent year to $504m ($445,9m) – and 21 per cent on a current currency basis. Net income was $51.8m ($6.8m) The open source vendor reports an annualised run-rate of $100m for its certified …
Drew Cullen, 22 Sep 2015
Cray Research Cray 2

Q2 wins drag Cray back into profit territory

Cray Computer's commanding footprint in the high-performance computing (HPC) market has pitched the venerable vendor back into profitability. In its Q2 2015 results announced Thursday, the company reported US$186.2 million in revenue and $5.8 million in profit, both well above what was reported for the same period in 2014, …
money_987_648

Lenovo loses $784m in Q2. But actually things are OK

Restructuring costs downed Lenovo’s profits for a second consecutive quarter caused by the ingestion of acquired businesses and previously confirmed job cuts. Operating expenses swelled in the company’s Q2 of fiscal year 2016 to $2.36bn from $1.09bn a year ago, paving the way to an operating loss of $784m, compared to an …
Paul Kunert, 12 Nov 2015
graph_decline_648

Acer: We ARE profitable – oh yes, we made £40k big ones in Q2

For the second quarter in a row, Acer's P&L accounts have remained in the black, though its operating margins must be a cause for concern – just 1.48 per cent, at the last count. And part of the reason for the slim pickings is partly the fault of those pesky chaps at Microsoft, the company reckons. The firm released turnover …
Paul Kunert, 07 Aug 2015
Bulls_eye_target

Barracuda misses Q2 results target

Cloud security and storage supplier Barracuda recorded growing revenues in its latest quarter, but fell short of expectations and made a loss because of poor sales in Europe and large deal push-outs. However, it announced it was buying a managed service provider software company to grow its market. Revenues for the second …
Chris Mellor, 01 Oct 2015

Arista bullish for full year results after 47 per cent YoY growth in Q2

High-performance data centre switching upstart (and Cisco litigation target) Arista Networks has reported 47 per cent revenue growth year-on-year for the quarter ended June 30. The company's financial release says it recorded US$195.6 of revenue, and a GAAP net income of $24 million (up from $21.6 million for the corresponding …
Godzilla vs Kitten by https://www.flickr.com/photos/fun9us/

VMware sprawls across the data centre to post 'solid' Q2 results

VMware has posted what CEO Pat Gelsinger described as “solid” second quarter results that exceeded analysts expectations on earnings-per-share and fell over the line on the revenue growth front. The former metric was 93 cents a share, two cents higher than expected. The latter was $1.6bn, a four per cent improvement that …
Simon Sharwood, 22 Jul 2015
HP Logo splitting in two

HP beats the street on earnings, misses on revenue in Q2

HP has announced its results for its second fiscal quarter, and the news is mixed. The market expected the company to post earnings of 85 cents on US$25.64 billion in revenue. The company trumped the earnings figure by announcing it delivered 87 cents per share, but missed on revenue with a figure of $25.45bn. That's down seven …
Simon Sharwood, 22 May 2015

PRE-SPLINTERED Symantec's Q2 revenue slips, net profit rises

Symantec has reported mixed second quarter results, with revenue down one per cent on the year, but net profit rising by the same amount. The company saw revenue of $1.62bn for its second fiscal 2015 quarter, compared with revenue of $1.64bn a year ago (a fall of one per cent), and $1.74bn in the previous quarter. Net profit of …
Chris Mellor, 06 Nov 2014
lightning_cropped

Z-z-ZAP! Salesforce.com reveals Lightning release and price hikes

Salesforce.com has revealed new and more expensive versions of its products. The crown jewel is a new release called “Lightning” that adds integrated VoIP, the better to help sales folk make calls fast and have them logged for managerial approval. There's also more analytics, tied to email if required, to help send more and …
Simon Sharwood, 04 Feb 2016

Restructuring costs drag down Avnet's Q2 profits

The better start to fiscal '14 at Avnet Inc is continuing though EMEA remains the damp patch for the enterprise tech side of the house and component sales in the Americas were weaker than expected. If revenue gains are the measure of success - which they frequently are in wholesaler land - then Avnet did well, with group …
Paul Kunert, 23 Jan 2014
Graph showing growing numbers

India, Myanmar lead the way as mobile bandwidth consumption mushrooms

Mobile data usage is exploding. In an update to its Mobility Report, Ericsson said mobile broadband subscriptions had passed three billion in Q2 2015, and the year-on-year traffic growth for the same period is 55 per cent. The startling figures bring the number of mobile subscriptions to 7.2 billion, but the report points out …
Simon Rockman, 28 Aug 2015
Suitcase full of money

Broadcom lowers cone of silence over results

Broadcom has pleased investors, turning in Q3 financials that saw its profit rise in the face of falling revenue. After a tough couple of years which, among other things, saw it exit the cellular baseband modem market, and with investors unhappy at the US$37 billion Avago takeover of the company, the results were welcomed, …
Oracle OpenWorld cloud

Oracle beefs up container credentials with Five Guys buyout

Oracle bounced back from a disappointing Q2 with a cunning plan to ease its way into the containers/DevOps space - by quietly taking over a five person Austin-based startup called StackEngine. The database giant slipped in a filing to the SEC over the weekend announcing it had taken over StackEngine, and the share option …
Joe Fay, 22 Dec 2015

iMaker Hon Hai/Foxconn earnings stall as fanbois hold fire

Hon Hai/Foxconn's revenue slowed dramatically in the second quarter, as its iGadgets manufacturing reliance began to take its toll, with fanbois' showing thrift in anticipation of a new iPhone launch later this year. The Taiwanese manufacturer stated that Q2 net profits had risen 27 per cent from the preceding year, reports …

Gartner: UK PC market stayed on its knees in Q2

The UK PC market was lifeless in Q2 and apocalyptic beancounter Gartner is not sure the whether it can be fully revived ever again. Or maybe its just that PC disties are placing fewer, less sizeable orders in anticipation of slow summer sales – and with one eye on keeping inventory at more manageable levels after getting burnt …
Paul Kunert, 09 Aug 2012

Fancy 10 Gbps home broadband? Broadcom's built the guts of it

While network operators around the world squeeze the last drops of sweat out of their copper, silicon vendors like Broadcom have an eye firmly on a fibre future. The company, currently in the throes of a takeover by Avago technologies, has announced a reference design to help its OEMs build kit to the emerging Ethernet Passive …

Juniper slurps packet-optical outfit BTI Systems

Juniper Networks has announced it's going to acquire BTI Systems. Once a packet-optical specialist, BTI Systems spent much of 2015 positioning itself into the software-defined networking (SDN) and network function virtualisation (NFV) markets. That work included giving its 8700 Series the ability to work with OpenDaylight SDN …
Cisco RFGW-1-D Edge QAM

Enterprise network spend hits the brakes – and Cisco's OK with that

The financial market turmoil that's characterized 2016 has led Cisco to set modest expectations for the coming three months. Having said that, the networking giant is pleased with its performance in Q2 of its fiscal 2016, aka the quarter to January 23. Its US$11.8bn second quarter revenue (normalized to exclude the cable …
Windows XP boot screen

The XP factor gives MEGA-DISTIE Ingram Q2 sales a boost

The tills rang often for massive global distie Ingram Micro during its second calendar quarter, helped by frenzied PC refresh activity, but squeezing out better long term profits remains a work in progress. The globe's largest distie reported a revenue hike of $600m year-on-year to $10.9bn. Despite a near six per cent leap in …
Paul Kunert, 25 Jul 2014
storage arrays superimposed on cloudy sky

HP overtakes Cisco in cloud infrastructure revenues

HP sells more cloud infrastructure equipment than anyone else, including Cisco, which was shunted into second place for the first time in Q2, 2015. Cisco is unlikely to be too dismayed, as both companies are recording "stellar growth in the burgeoning market", running at some $16bn a quarter and growing 25 per cent year on …
Drew Cullen, 10 Sep 2015

BrightPoint bosses steer biz to Q2 losses

BrightPoint recorded significant losses for calendar Q2 just as Ingram Micro was preparing to table an offer of $850m for the wireless device and services distie. In results filed last night, the firm turned over $1.27bn (£814m), up three per cent year-on-year for the period ended 30 June. This included $1.14bn from product …
Paul Kunert, 10 Aug 2012
ASUS Chair Jonney Shih Computex 2015 press conference

Smartphone sales looking rosy for Asus, despite PC meltdown

While the mobe power base is shifting from the traditional players to the new upstarts, with Samsung and HTC suffering at the hands of Huawei and Xiaomi, Asus is having a good time in the good old handset market. Sales were up from three million in the first quarter to five million in the second and the company is predicting …
Simon Rockman, 12 Aug 2015
4 arrows signs in arrow on wooden wall

NetApp revenues and profits decline again despite positive spin

Despite its CEO saying NetApp was moving forward with clarity and speed in the data-powered digital era, NetApp recorded lower revenues and profits on the annual compare for its second fiscal 2016 quarter, ended October 20. Same old, same old. Revenues for the quarter were $1.45bn, six per cent down on the year-ago quarter’s $ …
Chris Mellor, 19 Nov 2015
dollar_graph_648

Squeaky bum time for server makers: Dollar dashes buyers' budgets

A currency noose hanging around the neck of customers’ budgets in Europe looks set to throttle server spending, according to IDC. Appreciation of the US dollar has forced American tech makers to increase their prices this year on several occasions, and this disrupting impact is tipped to worsen as the unsettled economic and …
Paul Kunert, 09 Sep 2015
4 arrows signs in arrow on wooden wall

Tired tablets don't tickle the imagination, so sales fall again

Box-counter IDC's latest Quarterly tablet tracker has more bad news for fondleslab fans: sales are down and the market is fragmenting. The firm's preliminary data for 2015's second quarter finds 44.7 million fondleslabs and typoslabs shipped, down seven per cent on 2014's shipments. Q2's never a cracker – it contains no major …
Simon Sharwood, 30 Jul 2015

ODMs getting fatter in Brit server space as big boys fight over scraps

Taiwanese ODMs are making some headway – albeit from a relatively small base – in the battle for the hearts and wallets of Brit server buyers, official sales statistics show. The whitebox community, which already custom builds boxes for the world’s largest service providers from Google to Facebook in North America, grew UK …
Paul Kunert, 14 Sep 2015
NBN logo

New nbnTM roadmap reveals HFC tests to start in Q4

nbnTM, the entity charged with building and operating Australia's national broadband network (NBN) has released a new product roadmap. The new plan (PDF) reveals that retail service providers will be provided with a Network Sandpit for HFC” in 2015's fourth quarter. In Q2 of 2016, “HFC Business Readiness Testing” will commence …
Simon Sharwood, 01 Jul 2015
graph_decline_648

Lenovo topples Apple from PC summit by declining less slowly

In what could be seen by some as a slightly hollow victory, Lenovo knocked Apple off the top spot in the global PC race by declining more slowly than its rival. Canalys stats show the total market dropped 11.8 per cent year-on-year in Q2 to a little over 109m desktops, notebooks and tabs. For the record, this equates to 1.46m …
Paul Kunert, 06 Aug 2015
box_shifting_channel

PC rivals weep while Lenovo dazzles with Q2 box-shifting numbers

If the HP folks in Palo Alto were hoping to see a chink in Lenovo's armour on its latest quarterly financials they will be sorely disappointed - a double-digit growth fest was banked by the Chinese dragon AGAIN today. The company has its portfolio limitations but it made the most of the sectors in which it operates to push up …
Paul Kunert, 07 Nov 2013
trolley_shopping_648

Cisco swallows security firm Lancope for $452m

Cisco has announced its intention to acquire netsec firm Lancope for more than $452m in cash. The company aims to supplement its security offerings with those of Lancope's StealthWatch suite, which protects networks with live monitoring and behaviour analytics of network data flows. Cisco is doubling down on its netsec …

Red-stained Opera wants someone to hug it and whisper: 'No more pain, no more tears'

Opera Software has announced a 45 per cent revenue boost for its second quarter of financial year 2015 while hinting at a possible buyout, but didn't draw much attention to its $3m losses. Chairman Sverre Munck said on Wednesday that “the board has seen an interest in different alliances and cooperations with Opera over the …
Jennifer Baker, 12 Aug 2015

Kaboom: Delayed patent bomb hits SAP in the Q2 profit

Sales of new software for SAP saw a minor improvement this spring while cloud grew so fast the giant has upped its estimated figures for the year. But for all the positives, a patent bomb took a hefty chunk out of SAP’s profits in the second quarter. SAP reported a three per cent increase in total revenue for the period to 30 …
Gavin Clarke, 17 Jul 2014
IBM Headquarters, Armonk, NY

IBM bags $700m services and infrastructure contract with Etihad Airways

IBM has signed a $700m deal with Etihad Airways to provide IT services and infrastructure over the next 10 years. Big Blue's agreement includes the development and operation of a cloud data centre in Abu Dhabi, the capital of the United Arab Emirates, for which state-owned Etihad Airways is a flag carrier. IBM stated that its …
Santa Claus on his laptop

Twitter CEO Jack Dorsey hands out shares to remaining staffers

Having recently put down his axe after hacking away 336 staff earlier this month, chief executive Jack Dorsey has now donned his Santa suit to hand out $200m (£130m) worth of stock to remaining employees. Dorsey said he was giving away about 1 per cent of the company to the company’s 3,700 employees, in Twitter's Teatime town …
Kat Hall, 23 Oct 2015

Insight becomes latest victim of global currency conundrum

Not a month passes without US-based tech suppliers bemoaning the ruinous impact of unfavourable for-ex rates on their financial well-being, and Insight Enterprises is the latest to do so. The Microsoft enterprise licensing house reported sales of $1.42bn for Q2 that were marginally up year-on-year but would have risen seven …
Paul Kunert, 04 Aug 2015

Rack servers drive $120bn data centre infrastructure market

How many rack servers are there in the world? Umm … we can tell you this: about $10bn-worth were sold in Q3 this year or 34 per cent of a global data center infrastructure market worth $29bn in the quarter. So says Synergy Research Group, which compiled the numbers: its definition of data center infrastructure includes servers …
Drew Cullen, 14 Dec 2015
4 arrows signs in arrow on wooden wall

Sales up, profit up, but no champagne corks popping at Rackspace

The gods of tech sales finally smiled on Rackspace in calendar Q2 of 2015. But the biz isn't celebrating just yet, because it's public cloud arm is stuck in first gear. The cloud server-hosting biz reported an 11 per cent year-on-year growth in turnover to $489.4m (£314.2m) in the three months ended 30 June. Total costs and …
Paul Kunert, 11 Aug 2015

Samsung claims it still plans to ship Tizen phones in Q2

Hope springs eternal for wannabe Android competitor Tizen, with Samsung saying it plans to ship the first smartphones based on the open source OS in the second quarter of 2014 – carriers' cold feet be damned. In an interview with Reuters, Samsung senior VP of product strategy Yoon Han-kil said the Korean firm plans to release …
Neil McAllister, 17 Apr 2014
Layout of IBM's four superconducting quantum bit device. Using a square lattice, IBM is able to detect both types of quantum errors for the first time. This is the best configuration to add more qubits to scale to larger systems. (Credit: IBM Research)

Big Blue bafflement: Anyone in IBM Storage know which way is up?

Comment IBM's storage hardware revenues continued their long-term dive, judging by the corp's latest financial results. It's getting hard to know what to say about this. IBM is supposed to be one of the best-managed corporations in the world and yet, for twenty quarters in a row, its quarterly storage revenues have declined on the …
Chris Mellor, 21 Jul 2015

Intel grazes Q2 numbers, but 'growth will be slower' in Q3

Intel has reported its second-quarter 2012 financial results, and you can almost hear the Wall Street moneymen breathe a muted sigh of relief – although the sound of popping champagne corks is not likely to be heard. Although total Q2 earnings were just under expectations at $13.5bn, the all-important earnings-per-share (EPS) …
Rik Myslewski, 17 Jul 2012
4 arrows signs in arrow on wooden wall

Booked that expensive holiday yet Mr Server Maker? Maybe just a day trip for now

The EMEA server market is on fire, but not in a good way – both shipments and factory revenues declined in Q2 amid the currency issue and uncertain business climate. Unit sales dropped 5.6 per cent year-on-year to 523,800 servers, and the money coughed for them dipped 2.3 per cent to $3.1bn, abacus fondlers at Gartner have …
Paul Kunert, 26 Aug 2015
The Shining - blood cascade

BLABBERGEDDON BEGINS! Twitter lays off 8% of its workforce

Twitter has confirmed that it will cut loose more than 300 employees as the profitless company attempts to claw back costs and push for user growth on the struggling site. The firm, whose old CEO Jack Dorsey returned to run Twitter last week, said in a US Securities and Exchange Commission regulatory filing that – as a result …
Kelly Fiveash, 13 Oct 2015
Surfer

VMware kicks off new vSphere beta test

VMware is looking for people to indulge in some beta testing for a new version of vSphere. An expression of interest page has appeared and VMware's community of anointed “vExperts” has also been asked to sign up. Just what's in the beta isn't being revealed, but VMware's asking testers to move fast. Those engaged for the test …
Simon Sharwood, 08 Feb 2016
AMD logo

AMD smacked by channel slump in Q2

The bean counters at AMD have done a first pass on the company's second quarter, and it is not looking so good. The company said in a statement after Wall Street called it a day on Monday that revenues in the second quarter ended in June would fall by approximately 11 per cent sequentially from the first quarter. AMD had …
Comet Lovejoy

Comet Lovejoy's greenish glow visible with naked eye this weekend

Northern stargazers in low-light environments should be able to pick up a greenish-looking space rock in the night's sky – as Comet C/2014 Q2 (Lovejoy) makes its closest approach to Earth in living memory. Comet Lovejoy expelling carbon So long, won't see you later Lovejoy, named after the Australian amateur astronomer Terry …
Iain Thomson, 10 Jan 2015
CPUs in a FatTwin

Official: Whiteboxer Super Micro is a $2bn server company

+Comment Commodity server vendor Super Micro has reached a $2bn run rate with its latest quarter's results. In Q2 fiscal 2015, the three months that ended 31 Decemer 2014, revenues jumped 41 per cent year-on-year to $503m, as profits grew to $31.24m, 134 per cent up the same period in fiscal '13. Super_Micro_Quarterly_Revs_to_Q2_fy2015 …
Chris Mellor, 26 Jan 2015
facebook_shock_648

Facebook is raking in so much filthy lucre, it can't spend it fast enough

Facebook beat estimates on both revenue and earnings for the second quarter of its fiscal 2015, but investors seemed taken aback by the social network's soaring spending. The firm reported revenue of $4.04bn for the three months ending on June 30, which was up 38.9 per cent from the same period a year ago. Its earnings were …
Neil McAllister, 29 Jul 2015
Dandelion, image via Shutterstock

Oracle hires cloud 'success' pushers, denies EMEA customers are floating away

Oracle is expanding its platform-as-a-service cloud team in Europe, but denied it is a move to revive renewals. The database giant confirmed it is hiring 150 people across EMEA to join the firm’s Customer "Success" programme under Carmen Romero. Oracle told The Register the move is in response to growing customer demand and …
Gavin Clarke, 01 Feb 2016

Record-breaking $502m in sales, BIG LOSSES – OF COURSE IT'S TWITTER

Twitter has managed to collect over half a billion dollars - and somehow throw it all away and more even though it does nothing but run a microblabber portal. But the markets are impressed anyway. The company brought in $502m for the second quarter of its fiscal 2015, which ended on June 30. The figure represented a 60.9 per …
Neil McAllister, 28 Jul 2015