SAN DIEGO, Aug. 2, 2023 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company’s financial results for its third quarter of fiscal 2023 through an earnings release that is available on the Qualcomm Investor Relations website at http://investor.qualcomm.com/results.cfm. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov. As previously announced, Qualcomm will host a conference call to discuss its fiscal third quarter results which will be broadcast live on August 2, 2023, beginning at 1:45 p.m. Pacific Time (PT) at…
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Generative AI solutions will address high-touch areas throughout the healthcare value chain to drive unified experience and improve business outcomes for healthcare organizations. TEANECK, N.J., Aug. 2, 2023 /PRNewswire/ — As part of an expanded partnership announced in May, Cognizant (NASDAQ: CTSH) will build on Google Cloud’s generative AI technology to create healthcare large language model (LLM) solutions, bringing the potential of generative AI to a range of healthcare business challenges. The program’s initial focus will be on transforming administrative processes in areas such as appeals and grievances, and member and patient engagement. This broad-based initiative will utilize the combined capabilities of…
Revenue of $4.9 billion declined 0.4% year-over-year, declined 0.1% in constant currency1Q2 bookings growth of 17% year-over-year; record trailing 12-month bookings of $26.4 billionYear-to-date operating cash flow of $765 million and free cash flow1 of $599 millionYear-to-date $700 million returned to shareholders through share repurchases and dividendsCFO Jan Siegmund to retire in early 2024; expected to remain in role until Company identifies successor and completes transition periodReaffirms full-year 2023 revenue growth and Adjusted Operating Margin1 guidance TEANECK, N.J., Aug. 2, 2023 /PRNewswire/ — Cognizant (Nasdaq: CTSH), one of the world’s leading professional services companies, today announced its second quarter 2023…
Second quarter revenue and profitability exceeded guidance ranges Messaging revenue up 11% year-over-year RALEIGH, N.C., Aug. 2, 2023 /PRNewswire/ — Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, today announced financial results for the second quarter ended June 30, 2023. “I am pleased with our business performance and financial results in the second quarter of 2023 demonstrating solid execution and a focus on serving our customers through a challenging economic environment,” said David Morken, Bandwidth’s Chief Executive Officer. “Looking to the remainder of the year, we will maintain our strong focus on disciplined execution and expanded profitability…
GHD Digital estimates that advancements in generative artificial intelligence have the potential to drive a 5 to 6 percent per annum increase in global GDP over the next 10 years HOUSTON, Aug. 2, 2023 /PRNewswire/ — GHD Digital, a leading global digital transformation business, today released a new report titled Beyond AI: Generative AI and the next wave of disruption. The report explores the immense potential of generative AI across multiple sectors, emphasizing the need for organizations to act swiftly and decisively to harness its exponential growth. Global market for generative AI expected to reach $1.5 trillion USD in revenue…
BROOKLYN, N.Y., Aug. 2, 2023 /PRNewswire/ — Etsy, Inc. (NASDAQ: ETSY), which operates two-sided online marketplaces that connect millions of passionate and creative buyers and sellers around the world, today announced results for its second quarter ended June 30, 2023. “The Etsy marketplace’s active buyers reached an all-time high in the second quarter, signaling the relevance of our brand and our ability to create opportunities for our sellers. This growth in buyers helped our core marketplace return to year-over-year GMS growth in May and June, and we are pleased to see GMS growth continue into the beginning of the third quarter,”…
REDWOOD CITY, Calif., Aug. 2, 2023 /PRNewswire/ — Quarterly revenues increased 11% over the same quarter last year, to $2.0 billion, or 14% on a normalized and constant currency basisSolid gross and net bookings resulted in more than 4,100 deals across more than 3,100 customersChannel bookings accounted for 40% of total bookings and nearly 60% of new logos Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure companyTM, today reported results for the quarter ended June 30, 2023. Equinix uses certain non-GAAP financial measures, which are described further below and reconciled to the most comparable GAAP financial measures after the presentation of…
REDWOOD CITY, Calif., Aug. 2, 2023 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, today announced that its board of directors has declared a quarterly cash dividend of $3.41 per share on its common stock. The quarterly common stock dividend will be paid on September 20, 2023, to shareholders of record on August 23, 2023. About Equinix Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company®. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the…
Record Quarterly Revenue of $89.9 Million, Up 22% Year-Over-Year Adjusted EBITDA of $24.8 Million, Up 30% Year-Over-Year Annualized Recurring Revenue of $349.5 Million, Up 20% Year-Over-Year Gross Revenue Retention Rate of 98%; Net Revenue Retention Rate of 109% BOISE, Idaho, Aug. 2, 2023 /PRNewswire/ — Clearwater Analytics Holdings, Inc. (NYSE: CWAN) (“Clearwater Analytics” or the “Company”), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced its financial results for the quarter ended June 30, 2023. “I’m very pleased with our re-acceleration of growth while simultaneously improving the bottom line. As we expected, we continue to have success onboarding our…
SAN JOSE, Calif., Aug. 2, 2023 /PRNewswire/ — Cisco has scheduled a conference call for Wednesday, August 16, 2023, at 1:30 PM (PT); 4:30 PM (ET) to announce its fourth quarter and fiscal year 2023 financial results for the period ending Saturday, July 29, 2023. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, August 16, 2023. Cisco’s quarterly earnings press release will be posted at newsroom.cisco.com. Date: Wednesday, August 16, 2023 Time: 1:30 PM (PT); 4:30 PM (ET) To Listen via Telephone: 888-848-6507212-519-0847 (for International Callers)…