Tag Archives: Revenue

On Tuesday, Ramp answered any lingering questions as to why investors recently valued the expense management startup at $22.5 billion, just 45 days after a previous funding round valued it at $16 billion: The company says it has achieved $1 billion in annualized revenue. Annualized revenue refers to a company’s current revenue rate projected over a full year. In March, …

(Reuters) – Oracle said on Tuesday it expects revenue in its Oracle Cloud Infrastructure business to grow 77% this year, from earlier projections of 70%, boosted by growing cloud demand and sending its shares up 23% after the bell. The company forecasts OCI revenue to rise 77% to $18 billion this fiscal year and on to $144 billion over the …

A key source of revenue for the federal government could be drastically slashed if the Supreme Court upholds a ruling that President Donald Trump’s reciprocal tariffs are illegal. On NBC’s Meet the Press with Kristen Welker on Sunday, Treasury Secretary Scott Bessent expressed confidence that the justices would side with the Trump administration, adding that there “are numerous other avenues that …

This tech giant is doing everything it can to keep up with the soaring demand for its products. The artificial intelligence boom is only getting bigger, with just a handful of big tech companies on track to spend over $300 billion on AI infrastructure this year alone. Alphabet (GOOG 1.04%) (GOOGL 1.13%) recently bumped its capital expenditure outlook for the …

Broadcom in charts: Semiconductor revenue rises 26% YY in Q3  Seeking Alpha Broadcom’s stock pops on mystery $10 billion AI customer  CNBC Semiconductor darling Broadcom teases higher growth after starting production on OpenAI chip  Yahoo Finance Broadcom Stock Rises After Earnings. It Has a New $10 Billion AI Chip Customer.  Barron’s Broadcom Swings to Profit, Beats on Sales Outlook  The Wall Street Journal Source link

American Eagle Outfitters (AEO) has reported total net revenue of $1.28bn for the second quarter (Q2) of 2025 (FY25) – a 1% decline compared to the previous year. The company experienced a similar 1% decrease in total comparable sales. Gross profit stood at $500m, with gross margin improving slightly by 30 basis points from the previous year to 38.9%. This …

Figma Second-Quarter Revenue Jumps as Businesses Spend More on Design  The Wall Street Journal Figma’s stock plunges after company’s first earnings report since IPO  CNBC Figma is getting crushed in its post-IPO earnings debut; CEO Dylan Field is focused on AI’s long term power to ‘raise the ceiling’  Fortune Figma’s Earnings Will Be a Big Test for Software and IPOs  Barron’s Figma’s revenue jumps …

(Reuters) -Business software provider Salesforce forecast third-quarter revenue below Wall Street estimates on Wednesday, as clients dial back spending on its enterprise cloud products due to macroeconomic uncertainty. The cloud software provider also announced a $20 billion increase to its existing share buyback program, bringing the total to $50 billion. Shares of the San Francisco, California-based company fell more than …

Last week, Nvidia Corp. NVDA reported second quarter earnings that exceeded analysts’ forecasts. However, the focus shifted to two undisclosed customers who made up a substantial 39% of the company’s revenue. Referred to as “Customer A” and “Customer B” in Nvidia’s SEC filing, these clients were responsible for 23% and 16% of Nvidia’s Q2 revenue, respectively. This marks a significant …

Nearly 40% of Nvidia’s revenue tied to two mystery customers, filing shows  TechSpot Nvidia’s top two mystery customers made up 39% of the chipmaker’s Q2 revenue  CNBC Nvidia says two mystery customers accounted for 39% of Q2 revenue  TechCrunch More than 50% of Nvidia’s data center revenue comes from three customers — $21.9 billion in sales recorded from the unnamed companies  Tom’s Hardware Over …