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Teradata soars as Q4 recurring revenue exceeds company's outlook driven by cloud

ZDNet

Data analytics software vendor Teradata this afternoon reported Q4 revenue and profit that topped analysts' expectations, and forecast profit this quarter above consensus, and said its total recurring revenue came in higher than it had expected. The report sent the shares up as much as 15% in late trading. CEO Steve McMillan lauded the company's "cloud-first focus," noting it was responsible for driving the company's annualized recurring revenue for cloud computing rising by 165%, year over year, to $106 million. Total recurring revenue in the quarter reached $383 million, up 9%, and more than the forecast range of $371 million to $373 million. "Our cloud momentum has contributed to another strong quarter of performance, as we exceeded quarterly expectations for recurring revenue, profitability and free cash flow," said McMillan.


FireEye Q3 results beat expectations, raises year view, shares jump 6%

ZDNet

Shares of cloud-based security provider FireEye are up over 6% in late trading after the company this afternoon reported Q3 revenue and profit that topped analysts' expectations, and forecast this quarter's revenue higher as well. FireEye's CEO, Kevin Mandia, said the company's results showed how much progress the company has made "transforming our business." Revenue in the three months ended in September rose almost 6%, year over year, to $238.6 million, yielding EPS of 11 cents. Analysts had been modeling, on average, $228 million and 7 cents per share. For the current quarter, the company sees revenue in a range of $237 million to $241 million and EPS in a range of 9 cents to 11 cents.


Talend shares surge as Q4 revenue and profit beat, Q1 revenue view also higher

ZDNet

Data transformation specialists Talend this afternoon reported Q4 revenue and profit that topped analysts' expectations, and forecast this quarter's sales higher as well. The report sent Talend shares surging by over 16% in late trading. Chief executive Christal Bemont called the quarter "strong," noting that the company's annualized recurring revenue specifically from cloud-based software more than doubled, year over year, to $108.5 million, higher than the company expected. Our results are a reflection of our team's continual execution on the go-to-market initiatives which I laid out one year ago. We continued to advance Talend's position as a strategic business partner by providing our customers with trusted data they can run their businesses on.


Juniper Q1 and outlook top expectations even as global chip shortage weighs

ZDNet

Networking equipment stalwart Juniper Networks this afternoon reported Q1 revenue and profit that topped Wall Street's expectations, and projected this quarter higher as well, even though its business is being affected by the global chip shortage, it said. In a separate "commentary" document, CFO Ken Miller, the chip shortages are going to last a few quarters, though the company has enough chips to get by for this year's planned business: There is a worldwide shortage of semiconductors impacting many industries. Similar to others, we are experiencing ongoing supply constraints which have resulted in extended lead times. We have invested to strengthen our supply chain and have increased inventory levels over the course of the last year. We continue to work closely with our suppliers to further enhance our resiliency and mitigate recent disruptions outside of our control.


Datadog Q4 results and outlook top expectations, acquires Timber Tech and Sqreen for observability, security

ZDNet

Application performance monitoring specialists Datadog this afternoon reported Q4 revenue and profit that topped analysts' expectations, and forecast this quarter's sales higher as well, and said it would acquire two software startups, Timber Technologies and Sqreen. The report and news releases sent Datadog shares down 4% in late trading. Datadog is among a handful of high-flying software names that focus on varying aspects of the software development lifecycle, and the monitoring functions, within DevOps, including Dynatrace. Chief executive Olivier Pomel said the company was "pleased" with the quarter's results, which, he said, "closes a strong year in which we generated 66% revenue growth and positive free cash flow. In a year filled with unique challenges, we are proud of our execution and business performance."