Earnings

Matthew Busch | Bloomberg | Getty Images Tom Reilly, chief executive officer of Cloudera Inc. Cloudera, a developer of software for managing and analyzing vast amounts of data, posted better-than-expected financial results in the company’s first earnings report since its IPO. That wasn’t good enough for Wall Street. Cloudera shares plunged 15 percent after hours
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Truck and engine maker Navistar posted a quarterly loss, compared with a year-ago profit, partly due to lower sales of its trucks in the United States and Canada and a $60 million charge related to used-truck inventories. Navistar’s shares were down about 9.5 percent in premarket trading on Tuesday. Revenue in the company’s truck business,
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Qilai Shen | Bloomberg | Getty Images Travis Kalanick, chief executive officer of Uber Technologies Inc. “The narrowing of our losses in the first quarter puts us on a good trajectory towards profitability,” Uber said in a statement to CNBC. But Gautam Gupta, the start-up’s head of finance, is leaving to join another San Francisco-based
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Nutanix shares jumped 12 percent in extended trading on Thursday after the developer of cloud storage and networking software reported third-quarter revenue that topped analysts’ estimates. Nutanix, which went public last year, generated sales growth of 67 percent, with new business coming from companies including Caterpillar, Volkswagen and Sprint. Corporations are flocking to Nutanix’s hybrid
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Lowe’s first-quarter earnings and sales fell short of Wall Street estimates, sending shares of the home improvement retailer tumbling in premarket trade. In the wake of a strong first quarter for rival Home Depot, which recently reported better-than-expected same-store sales fueled by strong sales of big-ticket items, expectations for Lowe’s were high. But the results
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Home Depot just showed Wall Street how it can buck the latest negative trends in retail, with both profit and same-store sales handily outpacing Wall Street estimates. The retailer also raised its fiscal 2017 profit outlook. Shares of the stock traded were up 1.5 percent following the report. Here’s what the company reported vs. what
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