Adobe Inc. reported on Thursday that it achieved "record revenue" in the third quarter of its fiscal 2025 of $5.99 billion, growing 11% compared to the same period a year earlier and beating analysts' expectations. Subscription revenue was up 11.7% to $5.7 billion, while product revenue and services...
Oracle Corporation reported on Tuesday that its revenue for the first quarter of its fiscal 2026 stood at $14.9 billion, jumping 14% on an annual basis, and slightly missing analysts’ expectations. Cloud revenue advanced 28% to $7.2 billion.Year over year, net income was stable and reached $2.9 billion...
GameStop Corp. announced on Tuesday that its net sales in the second quarter of the fiscal year 2025 saw an annual rise of 21.8% to $972.2 million. Meanwhile, its net income skyrocketed by more than 1,000% compared to the same period the year before to $168.6 million. The company's diluted...
As the earnings season reaches its twilight, Oracle, Adobe, and GameStop face a sink-or-swim moment in the evolving AI landscape. Spotlight will be on Oracle as it unveils its first-quarter fiscal 2026 results this Tuesday amid its aggressive push into AI and cloud infrastructure.The report will follow a...
Broadcom Inc. revealed on Thursday that its revenue in the third quarter of its fiscal year 2025 came in at $15.9 billion, surging 22% year-over-year and topping analysts' estimates.In the reported three-month period, net income stood at $8.4 billion, rising from a net income of $6.1 billion reported in...
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