Sectors » Financial Services

PROVO, Utah, Sept. 7 — Adaptive Computing, provider of award-winning workload and resource orchestration software, announces it has been acquired by ALA Services LLC (ALA), the investment entity of Arthur L. Allen, founder, former President and CEO of ASG Software Solutions Inc. Art Allen and team bring a wealth of experience in understanding software platforms used Read more…

OSLO, Norway, Aug. 17 — Asetek reported total revenue of $8.4 million in the second quarter of 2016, representing growth of 4% from the same period last year. First half 2016 revenue amounted to $18.8 million, equal to growth of 38% compared with the first half of 2015. Gross margins were 38% and 39% for the Read more…

SANTA CLARA, Calif., Aug. 12 — NVIDIA (NASDAQ: NVDA) has reported revenue for the second quarter ended July 31, 2016, of $1.43 billion, up 24 percent from $1.15 billion a year earlier, and up 9 percent from $1.30 billion in the previous quarter. GAAP earnings per diluted share for the quarter were $0.40, compared with $0.05 a year Read more…

MILPITAS, Calif., Aug. 11 — SGI (NASDAQ: SGI), a global leader in high-performance solutions for compute, data analytics, and data management, today announced that it has signed a definitive agreement to be acquired by Hewlett Packard Enterprise (HPE) for $7.75 per share in cash, a transaction valued at approximately $275 million, net of cash and debt. SGI products and Read more…

MILPITAS, Calif., Aug. 11 — SGI (NASDAQ: SGI), a global leader in high-performance solutions for compute, data analytics and data management, today announced financial results for its fourth quarter and fiscal year 2016 ended June 24, 2016. Data in this release is presented on both a GAAP and non-GAAP basis and a reconciliation of GAAP to Read more…

SAN JOSE, Calif., Aug. 5 — Super Micro Computer, Inc. (NASDAQ: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, has announced fourth quarter and full-year financial results for the fiscal year ended June 30, 2016. The final results are in line with the preliminary results announced by the Company on July 18, 2016. Read more…

SAN JOSE, Calif., Aug. 4 — Extreme Networks, Inc. (Nasdaq: EXTR) has released financial results for its fiscal fourth quarter ended June 30, 2016.  Fourth quarter GAAP revenue was $139.6 million and non-GAAP revenue was $140.0 million.  GAAP net loss for the fourth fiscal quarter was $2.3 million, or $0.02 per basic share, and non-GAAP net income was $10.2 million, or $0.10 per diluted share.  For the full fiscal year 2016, Extreme Networks reported Read more…

SEATTLE, Wash., Aug. 3 — Global supercomputer leader Cray Inc. (NASDAQ: CRAY) has announced financial results for the second quarter ended June 30, 2016. Revenue for the second quarter of 2016 was $100.2 million, which compares with $186.2 million in the second quarter of 2015. Net loss for the second quarter of 2016 was $13.1 million, Read more…

CUPERTINO, Calif., Aug. 2 — Seagate Technology plc (NASDAQ: STX) (the “Company” or “Seagate”) today reported financial results for the quarter and fiscal year ended July 1, 2016. For the fourth quarter, the Company reported revenue of $2.7 billion, gross margin of 24.9%, net income of $70 million and diluted earnings per share of $0.23. On Read more…

TOKYO, Japan, July 29 — Fujitsu has reported a loss for the first quarter attributable to owners of the parent of 14.0 billion yen, representing an improvement of 4.8 billion yen compared to the first quarter of fiscal 2015. Consolidated revenue for the first quarter of fiscal 2016 was 986.5 billion yen, down 78.5 billion yen Read more…

July 27 — Atos, a global leader in digital services, today announces its financial results for the first half of 2016. Revenue was € 5,697 million, up +17.9% at constant exchange rates and +1.7% at constant scope and exchange rates. Organic growth at +1.8% during the second quarter of 2016 reflected the sustainability of the Read more…

SEATTLE, Wash., July 26 — Global supercomputer leader Cray Inc. (Nasdaq: CRAY) plans to host an investor conference call on Tuesday, August 2 at 1:30 p.m. PT (4:30 p.m. ET) to discuss its second quarter 2016 financial results. The call will feature a discussion by senior management followed by a question and answer session. Conference Call Information To access the call, Read more…

SUNNYVALE, Calif., July 22 — AMD (NASDAQ: AMD) has announced revenue for the second quarter of 2016 of $1,027 million, operating loss of $8 million, and net income of $69 million, or $0.08 per diluted share. Non-GAAP operating income was $3 million and non-GAAP net loss was $40 million, or $0.05 per share. “In the second quarter we accomplished Read more…

ARMONK, N.Y., July 19 —  IBM (NYSE: IBM) has announced second-quarter 2016 earnings results. “IBM continues to establish itself as the leading cognitive solutions and cloud platform company.  In doing so, IBM is pioneering new business opportunities beyond the traditional IT marketplace,” said Ginni Rometty, IBM chairman, president and chief executive officer.  “In the second quarter we Read more…

July 19 — EMC Corporation today reported second-quarter 2016 financial results. Second-quarter consolidated revenue was $6 billion. GAAP earnings per weighted average diluted share was $0.29 in the second quarter, up 16% year over year. Non-GAAP earnings per weighted average diluted share in the second quarter was $0.45, up 5% year over year. EMC generated Read more…