Tag: Robust

Palantir raises 2024 forecast on robust AI demand

By Arsheeya Bajwa May 6 (Reuters) – Data analytics firm Palantir Technologies raised its annual revenue and profit forecast and beat first-quarter sales estimates on Monday, riding on strong demand for its services that help businesses deploy artificial intelligence applications. The company has emerged as a winner of the generative AI boom thanks to its […]

Product Revenue Falls, Billings Fall, Robust Outlook

Cybersecurity Firm Fortinet Q1 Earnings: Product Revenue Falls, Billings Fall, Robust Outlook Fortinet, Inc. (NASDAQ:FTNT) reported its first-quarter financial results after the bell on Thursday. Here are the highlights. Fortinet reported quarterly earnings of 43 cents per share, which beat the analyst consensus estimate of 38 cents. The quarterly revenue grew 6.97% year over year to $1.35 billion, beating […]

Robinhood jumps after robust growth in assets under custody in February

(Reuters) – Robinhood Markets shares climbed nearly 13% in premarket trading on Thursday after the brokerage reported strong growth in assets under custody for the month of February, signaling continued boost from a comeback in cryptocurrency and stock trading. Assets under custody (AUC) grew 16% month-over-month to $118.7 billion at the end of February, the […]

Abercrombie & Fitch forecasts upbeat revenue growth on robust demand

(Reuters) -Abercrombie & Fitch Co on Wednesday forecast full-year revenue growth above Wall Street estimates, as the company bets on strong full-price demand for its apparel brands on the back of a robust holiday shopping season. Apparel retailers such as Abercrombie and Lululemon Athletica have benefited from their efforts to trim inventories and introduce fresh […]

Robust private sector is critical to shaping Tallahassee’s future

What an honor and how fortunate, during this year of bicentennial commemoration, to be serving as chair of the Greater Tallahassee Chamber of Commerce. Tallahassee’s 200th birthday should cause us all to remember what makes our community so beloved. The list of strengths is wide and deep. Here are just a few: Unparalleled institutions of […]

C3.ai posts robust quarterly results, announces CFO change

(Reuters) -Software firm C3.ai on Wednesday posted better-than-expected quarterly results and narrowed its full-year revenue forecast range which was still ahead of Wall Street estimates, sending its shares up more than 14% in extended trading. The company also named Hitesh Lath as its chief financial officer, effective March 1, replacing Juho Parkkinen. Lath has been […]