Dell Technologies Inc. (NYSE: DVMT) released its fiscal second-quarter financial results before the markets opened on Thursday. The company said that it had $1.58 in earnings per share (EPS) and $23.1 billion in revenue, which compares with consensus estimates of $1.49 in EPS and revenue of $21.5 billion. The same period of last year reportedly had EPS of $1.00 on $19.86 billion in revenue.
Overall, the company delivered a strong quarter with double-digit revenue growth across all of its segments — not to mention this growth looks to be continuing through the full year.
In terms of its segments, the company reported:
Infrastructure Solutions Group revenue for the second quarter was a record $9.2 billion, a 24% increase. This was driven by revenue of $4.2 billion in storage, a 13% increase, and revenue of $5.1 billion in servers and networking, a 34% increase. Client Solutions Group revenue for the second quarter was $11.1 billion, up 13%, with double-digit growth across both Commercial and Consumer. VMware revenue for the second quarter was $2.2 billion, up 11%, with operating income of $736 million and 33.5% of revenue.
Looking ahead to the fiscal full year, the company expects to see revenue between $90.5 billion and $92.0 billion and net income of $4.9 billion to $5.3 billion. The consensus estimates call for $6.02 in EPS and $87.61 billion in revenue.
Hot Tech Stocks To Own For 2019: PDF Solutions Inc.(PDFS)
Advisors’ Opinion:
- [By Max Byerly]
Russell Investments Group Ltd. lowered its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 73.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,102 shares of the technology company’s stock after selling 141,811 shares during the quarter. Russell Investments Group Ltd. owned 0.16% of PDF Solutions worth $600,000 at the end of the most recent reporting period.
- [By Joseph Griffin]
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
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FlipHTML5 Page Flip PDF Turns Social Media Accounts Into Compelling Ones (digitaljournal.com) $23.10 Million in Sales Expected for PDF Solutions, Inc. (PDFS) This Quarter (americanbankingnews.com) PDF Solutions, Inc. (PDFS) Expected to Announce Earnings of $0.06 Per Share (americanbankingnews.com) Basware introduces a ‘Smart PDF’ invoice (itwire.com) ActivePDF Brings Redaction to Businesses, Improving Privacy, Security,… (virtual-strategy.com)
A number of equities research analysts have recently commented on PDFS shares. Zacks Investment Research cut shares of PDF Solutions from a “hold” rating to a “sell” rating in a report on Wednesday, May 16th. DA Davidson cut their price target on shares of PDF Solutions to $26.00 and set a “buy” rating on the stock in a report on Friday, February 16th. BidaskClub upgraded shares of PDF Solutions from a “strong sell” rating to a “sell” rating in a report on Thursday, May 3rd. Finally, ValuEngine cut shares of PDF Solutions from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $22.00.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on PDF Solutions (PDFS)
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- [By Logan Wallace]
Get a free copy of the Zacks research report on PDF Solutions (PDFS)
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- [By Motley Fool Transcribers]
PDF Solutions Inc (NASDAQ:PDFS)Q4 2018 Earnings Conference CallFeb. 14, 2019, 5:00 p.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
Hot Tech Stocks To Own For 2019: Take-Two Interactive Software, Inc.(TTWO)
Advisors’ Opinion:
- [By Max Byerly]
Take-Two Interactive (NASDAQ:TTWO) was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating in a report released on Friday.
- [By Travis Hoium]
Today, I think Axon Enterprise (NASDAQ:AAXN), Take-Two Interactive (NASDAQ:TTWO), Square (NYSE:SQ), and SunPower (NASDAQ:SPWR) are all stocks with monster potential for long-term investors.
- [By Dan Caplinger]
The stock market did well on Friday, with most major benchmarks gaining ground. At first, some believed that an unexpected shortfall in the number of jobs created in the U.S. economy in July might hold back stocks, but even though small-cap indexes steadily fell, their large-cap counterparts were generally higher. Earnings season continues to go quite well, and many companies reported good results that sent their shares soaring. GoPro (NASDAQ:GPRO), Wingstop (NASDAQ:WING), and Take-Two Interactive (NASDAQ:TTWO) were among the best performers on the day. Here’s why they did so well.
- [By Motley Fool Staff]
In this segment of the Motley Fool Money podcast, host Chris Hill and Fool analysts Jason Moser, Matt Argersinger, and Ron Gross reflect on the latest results from Take-Two Interactive (NASDAQ:TTWO). Like all video game companies not named Epic, it’s suffering a bit from the overwhelming popularity of Fortnite Battle Royale, but the Fools — like its execs on the conference call — are more focused on Take-Two’s strengths.
Hot Tech Stocks To Own For 2019: ON Semiconductor Corporation(ON)
Advisors’ Opinion:
- [By ]
Though concerns have been raised that the analog and MCU markets are at risk of seeing an inventory correction (they haven’t had a major one in a while), given signs of excessive ordering and stretched lead times, TI and STMicro’s numbers suggest conditions remain good for now. That’s particularly true in industrial and auto markets where trends such as factory automation, ADAS adoption and electric/hybrid car sales are boosting chip demand. Several other analog/MCU firms, including Microchip (MCHP) , ON Semiconductor (ON) , Maxim Integrated (MXIM) and NXP Semiconductors (NXPI) , will be reporting soon.
- [By Jon C. Ogg]
ON Semiconductor Corp. (NASDAQ: ON) saw two less than aggressively positive analyst calls on Tuesday. It was started as Sector Weight at KeyBanc Capital Markets, but Raymond James lowered its rating to Market Perform from Outperform. The stock closed up 0.3% at $19.10 on Monday, in a 52-week range of $17.60 to $27.10. The consensus analyst target is $27.34. The shares were down 3.7% Tuesday morning to $18.38.
- [By Joseph Griffin]
Dai Ichi Life Insurance Company Ltd bought a new stake in shares of ON Semiconductor Corp (NASDAQ:ON) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 44,756 shares of the semiconductor company’s stock, valued at approximately $995,000.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on ON Semiconductor (ON)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Ethan Ryder]
ValuEngine lowered shares of ON Semiconductor (NASDAQ:ON) from a buy rating to a hold rating in a research report released on Monday.
A number of other research firms have also recently weighed in on ON. Craig Hallum increased their price objective on ON Semiconductor from $28.00 to $31.00 and gave the stock a buy rating in a research report on Tuesday, June 5th. BidaskClub downgraded ON Semiconductor from a strong-buy rating to a buy rating in a research note on Friday, June 8th. Zacks Investment Research raised ON Semiconductor from a hold rating to a buy rating and set a $27.00 target price for the company in a research note on Tuesday, March 6th. Finally, JPMorgan Chase & Co. increased their target price on ON Semiconductor from $23.00 to $24.00 and gave the stock a neutral rating in a research note on Tuesday, May 1st. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of Hold and a consensus target price of $25.10.
Hot Tech Stocks To Own For 2019: AVG Technologies N.V.(AVG)
Advisors’ Opinion:
- [By Shane Hupp]
FinnCap cut shares of Avingtrans (LON:AVG) to a corporate rating in a research report report published on Monday.
Shares of LON:AVG opened at GBX 223 ($2.97) on Monday. Avingtrans has a one year low of GBX 174.11 ($2.32) and a one year high of GBX 260 ($3.46).