Tech Stock News
Friday, March 17, 2023
II-VI, Inc. (NASDAQ:IIVI) recently announced, along with Finisar Corporation (FNSR), a global technology leader in optical communications, that they have entered into a definitive merger agreement under which II-VI will acquire Finisar in a cash and stock transaction with an equity value of approximately $3.2 billion. According to the release, […]
Match Group Inc (NASDAQ:MTCH) dove sharply lower after the company reported strong third quarter results but issued downside guidance for the fourth quarter on Tuesday afternoon. Third quarter revenue grew 29% to $444 mln vs. $430-440 mln guidance. Average Subscribers increased 23% to 8.1 mln while average revenue per user […]
Upwork Inc (NASDAQ:UPWK) just announced its third quarter 2018 financial results. According to the company, Marketplace revenue for the third quarter increased 23% year-over-year to $56.8 million, while managed services revenue was up 21% year-over-year to $7.3 million. The “Take rate”, which the company defines as revenue divided by GSV, […]
Twilio Inc (NYSE:TWLO) was maybe the biggest growth story stock in the tech sector on Wednesday. This is a platform-as-a-service cloud play that has manifested increasing traction over the course of 2018, rising nearly fourfold since February after today’s breakout action. The spark for the massive rip was a good […]
TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (NASDAQ:TTWO) just announced results for its fiscal second quarter 2019 ended September 30, 2018. In addition, the Company provided its initial financial outlook for its fiscal third quarter ending December 31, 2018, and raised its financial outlook for its fiscal year ending March 31, […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) has been on the mend after the stock found support right in the zone we discussed in our last two articles. In our last piece on the stock (see “Is the Tone Shifting for Advanced Micro Devices, Inc. (NASDAQ:AMD)?”), we made the case to close […]
Turtle Beach Corp (NASDAQ:HEAR) just announced its Q3 data, including net revenue, which increased 107% to $74.4 million compared to $36.0 million in the year-ago quarter. According to the release, “This was the result of strong market demand for console gaming headsets, driven by continuing increased usage of gaming headsets, […]
Cloudera Inc (NYSE:CLDR) has been an interesting ride for those on board since the spectacular merger with Hortonworks (HDP) – “spectacular” in the sense of “being a spectacle”, like a high-profile celebrity scandal, a bad car accident, or major wardrobe malfunction during the halftime show of the Superbowl. We profiled […]
Acacia Communications, Inc. (NASDAQ:ACIA) just announced financial results for its third quarter ended September 30, 2018. It was second straight nice beat and raise for the company, and the market is finally starting to pay off the idea that this is returning to growth-story form. In addition, if we see […]
Akamai Technologies, Inc. (NASDAQ:AKAM) just reported financial results for the third quarter ended September 30, 2018 this week. Shares bolted higher in a big move that flies straight in the face of the type of action we have seen from this side of the market so far this earnings season. […]