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'Tough Pill To Swallow': Analysts React To Slack's Q2 Earnings
Wednesday, September 9, 2020 - 10:15am | 687Read More...Slack Technologies Inc (NYSE: WORK) shares plummeted 16% on Wednesday morning after the company reported 50% revenue growth in the second quarter and failed to generate the same COVID-19 growth spike that other work-from-home stocks have reported. On Tuesday afternoon, Slack reported breakeven...
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Sell-Side Remains Cautions On Slack Following Q3 Earnings Beat
Thursday, December 5, 2019 - 11:00am | 655Read More...Slack Technologies Inc (NYSE: WORK) reported third-quarter revenue and earnings beats on Wednesday. Slack also guided for fourth-quarter revenue of between $172 million and $174 million, slightly above consensus analyst expectations of $172.4 million. However, Slack also guided for a fourth-quarter...
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Analysts Still Like Dropbox After Showing No Signs Of Deceleration
Friday, November 8, 2019 - 4:23pm | 517Read More...Online smart workspace company Dropbox Inc (NASDAQ: DBX) reported strong third quarter results while GAAP losses worsened year-over-year and likely contributed to the stock's weakness. Several analysts continue to favor the stock. DA Davidson: No Deceleration Dropbox's report marks the...
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Analysts React To Heavy Selling Pressure In The Tech Sector
Monday, September 9, 2019 - 3:01pm | 735Read More...Tech stocks led the market lower on Monday, with the Technology Select Sector SPDR Fund (NYSE: XLK) trading down 1% on the day. Twilio Inc (NYSE: TWLO) shares plunged 9.7%, Roku Inc (NASDAQ: ROKU) shares dropped 4.4% and Snap Inc (NYSE: SNAP) shares tumbled 7.1% amid the sell-off. Fearful Investors...
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Analysts Weigh In On Box Following Earnings
Thursday, August 29, 2019 - 11:09am | 611Read More...Box Inc (NYSE: BOX) shares tanked more than 8% on Thursday morning — although the stock eventually pared those losses — after the company reported a second-quarter earnings beat on Wednesday. Box’s top- and bottom-line numbers were solid, but its operating margins and lack of...
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Patience Being Tested Following Box's Q1 Earnings, Guidance
Tuesday, June 4, 2019 - 1:33pm | 593Read More...Box Inc (NYSE: BOX) shares tumbled more than 11 percent on Tuesday morning after the company issued disappointing guidance along with its first-quarter earnings report. Box’s EPS loss of 3 cents and its first-quarter revenue of $163 million exceeded Wall Street estimates. However, the company...
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Why Twilio Shares Are Higher
Friday, May 31, 2019 - 2:52pm | 290Read More...Cloud communications platform Twilio Inc (NYSE: TWLO) traded higher Friday despite a rough day for the overall markets. Twilio on Wednesday announced an offering of $750 million of its class A common stock. "It’s unusual to see a stock trade up this much after a secondary,...
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Box Guidance Miss: What Wall Street Thinks
Thursday, February 28, 2019 - 12:16pm | 463Read More...Box Inc (NYSE: BOX) shares crashed 20 percent Thursday after the company reported its fourth-quarter earnings. Box reported $163.7 million in revenue for the fourth quarter, missing consensus analyst estimates of $164.2 million. Box also fell short with its first-quarter guidance, calling for...
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Analysts Ride The Twilio Growth Train
Wednesday, February 13, 2019 - 1:02pm | 435Read More...Twilio Inc. (NYSE: TWLO) shares traded lower by 7 percent Wednesday after the company reported a mixed fourth quarter. Twilio’s Q4 revenue growth of 77 percent exceeded consensus analyst expectations, but EPS was only in-line with consensus. Twilio shares were up nearly 30 percent year-...
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Analysts Hold Stances On Atlassian Following A 'Ripper' Of A Quarter
Monday, January 21, 2019 - 10:40am | 528Read More...Team collaboration and productivity software provider Atlassian Corporation PLC (NASDAQ: TEAM) reported forecast-beating Q2 results last week. Here are how a few analysts reacted to the print. JMP: Atlassian Embracing The Emerging Trend Atlassian is capitalizing on the trend of cloud adoption...
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DA Davidson Sees Near-Term Stabilization In MongoDB
Wednesday, October 3, 2018 - 2:39pm | 342Read More...As it closes out its first year on the public markets, Mongodb Inc (NASDAQ: MDB) is celebrating 137-percent growth in value — a trajectory experts expect to soon stabilize. The Rating D.A. Davidson analyst Rishi Jaluria initiated coverage with a Neutral rating and $80 price target. The Thesis...
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4 Reasons Why DA Davidson Is Bullish On Twilio
Wednesday, October 3, 2018 - 9:30am | 407Read More...Cloud communication provider Twilio Inc (NYSE: TWLO) is considered a leader within the communications-platform-as-a-service space and is becoming an increasingly vital component for companies to build mobile applications, according to D.A. Davidson. The Analyst D.A. Davidson's Rishi Jaluria...
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The Street Debates Box: Buy The Dip Or Expect More Declines?
Wednesday, August 29, 2018 - 3:14pm | 649Read More...Cloud storage provider Box Inc (NYSE: BOX) reported Tuesday its second-quarter results, which showed multiple concerning metrics, including a slowdown in billings growth and a slightly weak outlook for the third quarter. The Analyst KeyBanc Capital Markets' Rob Owens maintains an Overweight...
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Should Investors Buy The Dip In Dropbox? 4 Analysts Weigh In
Friday, August 10, 2018 - 3:48pm | 718Read More...Dropbox Inc (NASDAQ: DBX) shares moved lower in reaction to second-quarter results that came in better-than-expected but were accompanied by an announcement of Chief Operating Officer Dennis Woodside's departure. Should investors take advantage of the dip? Four street...
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What This Analyst Expects From Dropbox's Q1
Tuesday, May 8, 2018 - 12:55pm | 326Read More...Dropbox Inc. (NASDAQ: DBX) is scheduled to report its first-quarter results after Thursday's market close and should report a strong beat-and-raise quarter, according to DA Davidson. The Analyst DA Davidson's Rishi Jaluria maintains a Buy rating on Dropbox' with an unchanged 12-...
