Posts tagged as: share price

Red Hat releases quarterly report, shares down 2.6 percent in the afterhours

Red Hat, Inc. shares were down 2.6 percent in the afterhours trading Monday after the company released the report on second quarter ended August 31. Red Hat missed on the analyst estimates by a penny on earning per share. The report was bittersweet for investors as the EPS lagged behind both last year’s earning and […]

Splunk beats analysts estimates, shares rise 15 percent in the post-announcement trade

Splunk shares were up 15 percent at midday Friday after the company announced its quarterly report. Though the company’s report showed a cent’s loss per share, it beat the estimates of the experts. Financial analysts had estimated a 4-cent loss per share minus items in a consensus conducted by Thomas Reuters. But the company showed […]

OmniVision shares rise as it beats the analysts estimated revenue target

OmniVision Technologies saw a rise in its shares on Friday as it announced the quarterly report to the public late Thurday. According to the report, the company beat analysts’ views on the revenues and boosted confidence among investors. In the first fiscal quarter ended July 31, the company reported revenues of $258.1 Million that were […]

HP releases quarterly earnings for the third fiscal term, share fall 6%

Hewlett-Packard (HP) recently announced its quarterly earnings to the public and the beleaguering income statement took a hit in the stock market immediately.  HPQ share price fell 6 percent in the early trading on Thursday. Many experts are of the opinion that the loss-evident financial summary of the third fiscal quarter is a clear statement […]

Facebook Stock Performance: Mark Zuckerberg and Wall Street are of different frames of mind

Facebook is the thick of losing money on the Street. The company went public in May, other than the starting day, when its price went up to as much as $41 per share, it has not lifted up from the ground. And what followed the sloppy start was a slew of court cases against the […]

Oracle fails to meet the financial targets set of Fiscal Second Quarter – Part 2

The company announced in addition that the board has approved of the repurchase of $5 Billion worth of common stock. Moreover, the company also mentioned that it has recruited around 1700 new employees in the first quarter of the fiscal year. CFO Safra Catz told the media in clearance of not achieving the target: Co-President […]

Oracle fails to meet the financial targets set of Fiscal Second Quarter – Part 1

Oracle Corporation is in the thick of troubles during the first fiscal quarter. Although the company showed profits in the fiscal second quarter of November, they were not up to the target set by the company. Moreover, the realistic estimation of profits set by Wall Street for profits of the company last month were also […]


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