Nov 23, 2021 / Report Summary

Design software company Autodesk (NASDAQ:ADSK) reported results in line with analyst expectations in Q3 FY2022 quarter, with revenue up 18.2% year on year to $1.12 billion. On the other hand, guidance for the next quarter missed analyst expectations with revenues guided to $1.19 billion at the midpoint, or 0.86% below analyst estimates. Autodesk made a GAAP profit of $136.7 million, improving on its profit of $132.2 million, in the same quarter last year.

Nov 23, 2021 / Report Summary

Manufacturer of analog chips, Analog Devices (NASDAQ:ADI) reported Q4 FY2021 results beating Wall St's expectations, with revenue up 53.2% year on year to $2.33 billion. Guidance for next quarter's revenue was $2.6 billion at the midpoint, 5.08% above the average of analyst estimates. Analog Devices made a GAAP profit of $75.6 million, down on its profit of $386.5 million, in the same quarter last year.

Nov 22, 2021 / Report Summary

Video conferencing platform Zoom (NASDAQ:ZM) reported Q3 FY2022 results beating Wall St's expectations, with revenue up 35.1% year on year to $1.05 billion. Guidance for next quarter's revenue was surprisingly good, being $1.05 billion at the midpoint, 3.3% above what analysts were expecting. Zoom made a GAAP profit of $340.3 million, improving on its profit of $198.6 million, in the same quarter last year.

Nov 18, 2021 / Report Summary

Cybersecurity provider Palo Alto Networks (NYSE:PANW) reported strong growth in the Q1 FY2022 earnings announcement, with revenue up 31.8% year on year to $1.24 billion. The company expects that next quarter's revenue would be around $1.27 billion, which is the midpoint of the guidance range. That was in roughly line with analyst expectations. Palo Alto Networks made a GAAP loss of $103.6 million, down on its loss of $92.2 million, in the same quarter last year.

Nov 18, 2021 / Report Summary

Maker of machinery employed in semiconductor manufacturing, Applied Materials (NASDAQ:AMAT) missed analyst expectations in Q4 FY2021 quarter, with revenue up 30.6% year on year to $6.12 billion. Guidance for the next quarter also missed analyst expectations with revenues guided to $6.16 billion at the midpoint, or 4.54% below analyst estimates. Applied Materials made a GAAP profit of $1.71 billion, improving on its profit of $1.13 billion, in the same quarter last year.

Nov 18, 2021 / Report Summary

Tax and accounting software provider, Intuit (NASDAQ:INTU) reported Q1 FY2022 results that beat analyst expectations, with revenue up 51.7% year on year to $2 billion, driven partly by acquisition of Credit Karma.. Intuit made a GAAP profit of $228 million, improving on its profit of $198 million, in the same quarter last year.

Nov 18, 2021 / Report Summary

Finance and HR software company Workday (NASDAQ:WDAY) reported results in line with analyst expectations in Q3 FY2022 quarter, with revenue up 20% year on year to $1.32 billion. Workday made a GAAP profit of $43.4 million, improving on its loss of $24.3 million, in the same quarter last year.

Nov 17, 2021 / Report Summary

Leading designer of graphics chips Nvidia (NASDAQ:NVDA) announced better-than-expected results in the Q3 FY2022 quarter, with revenue up 50.2% year on year to $7.1 billion. Guidance for next quarter's revenue was surprisingly good, being $7.4 billion at the midpoint, 8.13% above what analysts were expecting. NVIDIA made a GAAP profit of $2.46 billion, improving on its profit of $1.33 billion, in the same quarter last year.