Larry Dignan

1 week ago | constellationr.com | Larry Dignan

C3.ai is betting that it can land more enterprise customers with demo licenses issued to partners that highlight its AI applications and ultimately turn into long-term deals. The company, which reported better than expected fourth quarter results, derived $33.8 million in demonstration versions of C3 AI applications out of total revenue of $108.7 million, up 26% from a year ago. C3.ai reported a net loss of 60 cents a share and an adjusted net loss of 16 cents a share.

1 week ago | constellationr.com | Larry Dignan

The mass exodus from VMware following Broadcom wasn't a sprint as much as it was a walk. Nevertheless, earnings results from Nutanix and Pure Storage highlight VMware customers are taking a measured approach to leaving. First, Nutanix reported better-than-expected fiscal third quarter results and raised its outlook. The company reported non-GAAP earnings of 42 cents a share on revenue of $639 million, up 22% from a year ago.

1 week ago | constellationr.com | Larry Dignan

Nvidia reported strong first quarter results as its data center demand remains strong. The company’s writedown for H20 chips designed for China was also lower than expected. The company reported first quarter earnings of 76 cents a share on revenue of $44.1 billion, up 69% from a year ago. Of those sales, data center revenue was $39.1 billion, up 73% from a year ago. Excluding a writedown of $4.5 billion, non-GAAP first quarter earnings would have been 96 cents a share.

1 week ago | constellationr.com | Larry Dignan

Salesforce delivered better than expected first quarter results and upped its outlook for the second quarter. The company said it saw strength in Data Cloud and AI annual recurring revenue. Salesforce reported first quarter net income of $1.54 billion, or $1.59 a share, on revenue of $9.3 billion. Non-GAAP earnings were $2.58 a share. Wall Street was expecting Salesforce to report first quarter earnings of $2.55 a share on revenue of $9.75 billion.

1 week ago | constellationr.com | Larry Dignan

Box reported better-than-expected first quarter results and raised its outlook as its content and unstructured data platform carves out a key role as enterprises move to AI agents. Speaking on an earnings conference call, Box CEO Aaron Levie said customers are upgrading to the company’s Enterprise Advanced plan to leverage Box AI.