Todd McKinnon, CEO and co-founder of Okta, speaks during the BoxWorks 2019 Conference in San Francisco, California, on Oct. 3, 2019. Michael Short | Bloomberg | Getty Images Shares of Okta popped more than 18% in extended trading Tuesday after the identity management company released third-quarter results that beat analysts’ estimates and offered rosy guidance.…
Cans of Campbell’s Chicken Noodle Soup are seen in a supermarket in New York. Richard Levine | Corbis News | Getty Images Campbell’s fell short of market expectations for quarterly net sales on Tuesday and named insider Mick Beekhuizen as its new chief executive officer, as the company sharpens focus on a more diverse range…
CrowdStrike Holdings Inc. signage on the floor of the New York Stock Exchange on July 22, 2024. Michael Nagle | Bloomberg | Getty Images Cybersecurity firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue estimates on Tuesday, betting on growing demand for cybersecurity services amid increasing online threats. Businesses are increasingly…
A sign is posted in front of a Hewlett-Packard (HP) office on May 29, 2024 in Palo Alto, California. Justin Sullivan | Getty Images HP forecast its first-quarter profit below Wall Street expectations on Tuesday, in a sign of persistent choppiness in demand in the personal computers market. PC makers have seen demand retreat from…
EasyJet on Tuesday said it made a record £3.59 billion ($4.5 billion) from charging passengers for flight add-ons such as extra baggage in the full year to October, as the budget airline’s CEO criticized a recent Spanish fine over the practice. The easyJet group, which includes an airline and a package holiday provider, on Tuesday…
CrowdStrike Holdings signage on the floor of the New York Stock Exchange on July 22, 2024. Michael Nagle | Bloomberg | Getty Images CrowdStrike delivered a very good quarter after Tuesday’s closing bell, with management raising its full-year outlook on sales, operating income, and earnings. Nonetheless, shares of the cybersecurity firm were selling off as…
Workday CEO Carl Eschenbach walks to a morning session at the Allen & Company Sun Valley Conference in Sun Valley, Idaho, on July 14, 2023. Kevin Dietsch | Getty Images Workday shares slipped as much as 11% in extended trading Tuesday after the human resources and finance software maker issued a quarterly forecast that came…
Michael Dell, chairman and chief executive officer of Dell Inc., speaks during the Dell Technologies World conference in Las Vegas, Nevada, US, on Monday, May 20, 2024. Bridget Bennett | Bloomberg | Getty Images Dell Technologies reported quarterly earnings on Tuesday that beat analyst expectations for earnings per share but came up light on overall…
Laptop computers inside a Best Buy store in Union City, California, US, on Friday, Nov. 24, 2023. David Paul Morris | Bloomberg | Getty Images Best Buy‘s quarter came up short of expectations, with the misses compounded by downward revisions to management’s outlook for the remainder of the year. We were not surprised by Tuesday…
An exterior view of the Kohl’s store at the Paxton Town Centre near Harrisburg. Paul Weaver | Lightrocket | Getty Images Kohl’s on Tuesday forecast a bigger drop in annual sales than previously expected, a sign the department-store chain is struggling to draw in shoppers as it navigates a CEO change ahead of a promotion-heavy…
