VMware Gets Wary Support From Analysts on Third-Quarter Results

Several analysts gave guarded praise to VMware  (VMW) – Get Report Wednesday after the cloud-computing company beat Wall Street’s third-quarter earnings expectations .

Shares of the Palo Alto, Calif.-based company, which is a subsidiary of Dell Technologies  (DELL) – Get Report, were down 2.62% to $146.63 in pre-market trading.

VMware reported net income of $704 million, or $1.66 per share, up from $602 million, or $1.42 per share a year ago. FactSet’s consensus called for earnings of $1.44 per share.

The combination of subscription and Software as a Service (SaaS) and license revenue came to $1.32 billion, an increase of 10% from a year ago. 

“The star of the show was the bottom-line performance as tighter expense controls led to a massive beat,” wrote Wedbush analyst Daniel Ives, who maintains an outperform rating with a $175 price target, “which we believe is sustainable for the

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Ciena Announces Reporting Date and Web Broadcast for Fiscal Fourth Quarter and Year End 2020 Financial Results

Press release content from Business Wire. The AP news staff was not involved in its creation.

HANOVER, Md.–(BUSINESS WIRE)–Nov 19, 2020–

Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal fourth quarter and year end 2020 financial results on Thursday, December 10, 2020 before the open of the financial markets. The press release will be available on Ciena’s website at www.ciena.com.

In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena’s management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com.

Rebroadcast Information

For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available shortly following the conclusion of the live call in the Events & Presentations section

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Target Stock Gains To Continue Post Q3 Results?

Target (NYSE: TGT) is scheduled to report its fiscal third-quarter results on Wednesday, November 18. We expect Target to likely beat the revenue and earnings expectations, driven by a boost in products related to in-home activities, such as home office and entertainment needs. In 2020, Target has shown that its brick-and-mortar stores have a place in the future of retail, and it’s leveraging that position to add more convenient online alternatives. The retailer invested heavily in same-day fulfillment service, including Order Pickup, Drive Up, and same-day delivery with Shipt, all this while leveraging its brick-and-mortar stores – resulting in a stellar 273% growth in same-day services in Q2. That said, the news of Pfizer’s
PFE
vaccine showing positive results should not impact Target’s near term outlook, as it

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IBEX Limited Announces First Quarter Fiscal Year 2021 Financial Results

First Quarter Fiscal Year 2021

  • Record revenue increased 14.1% year-over-year to $108.8 million

  • Net loss was $3.4 million (non-GAAP adjusted net income of $5.2 million)

  • Adjusted EBITDA increased 41.3% to $15.6 million

  • Eight new logos won and two new contact centers opened

  • Company raises guidance for fiscal year 2021

WASHINGTON, Nov. 16, 2020 (GLOBE NEWSWIRE) — IBEX Limited (“ibex”), a leading global provider of outsourced CX solutions, today announced financial results for its fiscal quarter ended September 30, 2020.

“We achieved record first quarter 2021 financial results for our first quarter as a public company – driving 14.1% year-over-year revenue growth, and positioning us to raise our fiscal year 2021 guidance,” said Bob Dechant, Chief Executive Officer of ibex. “Our results are a reflection of our success with New Economy clients and large blue chip clients who are shifting their customer interactions to digital. Our broad differentiated BPO 2.0 solutions

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SRHI Inc. Begins Construction and Development of Underground Mine and Reports 2020 Third Quarter Results

(all amounts expressed in US dollars)

TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) — (TSX: SRHI) – SRHI Inc. (“SRHI” or the “Company” – formerly Sprott Resource Holdings Inc.) is pleased to announce that the Company’s 70% owned producing copper mine in Salamanca, Chile, Minera Tres Valles (“MTV“) has commenced the construction and development of its Papomono Masivo underground deposit. The Company also announces its operating and financial results for the three and nine months ended September 30, 2020. The Company’s financial statements and management’s discussion and analysis (“MD&A“) are available at www.srhi.ca and www.sedar.com.

  • Desarrollos Mineros Aura SpA (“Aura”) selected as contractor for the construction and development of Papomono Masivo
  • MTV emerges successfully from creditor protection with support from 100% of MTV’s senior secured lenders (the “Lenders“) and 93% of the unsecured creditors
  • The customary documentation (“Customary
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Unity Software shares dip on Q3 results, rebound Friday

Unity Software Inc.’s stock initially slipped more than 6% in after-hours trading Thursday after the maker of video-gaming software reported fiscal third-quarter results. The stock, however, rebounded Friday, rising 13%.

Unity
U,
+12.80%
,
which went public in September, reported a net loss of $144.7 million, or 97 cents a share, compared with a net loss of $45.8 million, or 76 cents a share, in the year-ago quarter. The company reported a non-GAAP net loss per share of 9 cents.

Revenue soared 53% to $200.8 million from $130.9 million a year ago.

“We have big ambitions” beyond traditional gaming and into markets such as industrial, automotive, and entertainment, Unity Chief Executive John Riccitiello said during a Zoom
ZM,
-5.84%

call with analysts following the results announcement.

“Growth is coming across the board,” Unity Chief Financial Officer Kim Jabal told MarketWatch. She said the company continues to see expanded use in

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Salesforce’s push to improve equality has yielded slow results so far

  • Salesforce is known as a leader on social change, exemplified by hiring Tony Prophet as its first ever chief equality office in 2016.
  • There’s no clear roadmap for businesses to follow when changing diversity and progress is often slow, but in four years, Salesforce’s diversity numbers have barely budged. 
  • Business Insider spoke to 18 current and former Salesforce employees, diversity and inclusion experts, as well as Prophet himself to learn how Salesforce’s Office of Equality operates and why its hasn’t seen faster results. 
  • Are you a Salesforce employee? Contact these reporters via the encrypted messaging app Signal (+1-309-265-6120 or 925-364-4258) or email ([email protected][email protected]).
  • Visit Business Insider’s homepage for more stories.

When employees arrive at Salesforce’s imposing 61-story tower in San Francisco’s South of Market district, it’s not uncommon to be greeted by Tony Prophet. The 58-year old executive, impeccably-dressed, regularly works the lobby like

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Liberated Syndication Schedules 2020 Third Quarter Financial Results Conference Call

Liberated Syndication Inc. (OTCQB:LSYN) (“Libsyn” or “the Company”), the podcast industry’s premier hosting platform, today announced it will hold a conference call on Monday, November 16, 2020 to discuss the results of its financial results for the third quarter ended September 30, 2020.

Conference Call Details
Libsyn will discuss these results in a conference call Monday, November 16, 2020 at 1:00 p.m. ET.

 

Participant Dial-In Numbers:

(United States):

877-407-0778

(International):

201-689-8565

 

To access the call, please dial-in approximately five minutes before the start time.

Submit Questions for the Call
Questions for consideration for the call can be emailed to [email protected] prior to 9:00 a.m. ET on Monday, November 16, 2020.

Conference Call Replay
A replay of the conference call will be accessible two hours after the call and available for one month at the Investor Resources section of the investor site: https://investor.libsyn.com.

About Liberated Syndication

Liberated Syndication Inc. (“Libsyn”)

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AS Tallinna Sadam financial results for 2020 Q3 and 9 months

The impact of the COVID-19 pandemic continued in the third quarter, which resulted in a decrease in revenue, adjusted EBITDA and profit of AS Tallinna Sadam (hereafter: “the Group”). In Q3 2020, the revenue amounted to EUR 31.8 million decreasing by 18.9% compared to the same period previous year. The adjusted EBITDA was EUR 19.9 million decreasing by 16.2% and profit of Q3 amounted to EUR 13.6 million decreasing by 23.1%. At the same time, the adjusted EBITDA margin increased by 2.1 percentage points and the volume of investments by almost 50% to EUR 11.5 million.

The results of Q3 were mostly affected by the restrictions on passenger movement due to the COVID-19 pandemic, which were significantly milder in the summer period than in Q2. According to Valdo Kalm, Chairman of the Management Board of Tallinna Sadam, a diverse business model significantly mitigates the impact of the pandemic on the

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Express, Inc. Announces Earnings Release Date, Conference Call and Webcast for Third Quarter 2020 Results

Fashion apparel retailer Express, Inc. (NYSE: EXPR) today announced that it will conduct a conference call to discuss third quarter 2020 results on Thursday, December 3, 2020 at 8:30 a.m. Eastern Time (ET). Earlier that morning, the Company will issue a press release detailing those results. The conference call will be hosted by Tim Baxter, Chief Executive Officer, and Perry Pericleous, Senior Vice President and Chief Financial Officer.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201112005078/en/

Express storefront at Easton Town Center in Columbus, Ohio. (Photo: Business Wire)

Investors and analysts interested in participating in the call are invited to dial (877) 683-0508 approximately ten minutes prior to the start of the call. The conference call will also be webcast live at http://www.express.com/investor and remain available for 90 days. A telephone replay of this call will be available at 12:00 p.m. ET on December 3, 2020 until

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