Revenues are expected to be $153.39 million, up 11.2% from the year-ago quarter. Estimate Revisions Trend Wall Street expects a year-over-year increase in earnings on higher revenues when HashiCorp, Inc. (HCP) reports results for the quarter ended April 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these k ...

With less than half of HCPs now accessible, coordinated engagement across sales, marketing, and medical makes the most of limited time PLEASANTON, Calif., May 23, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today unveiled the latest findings from its Veeva Pulse Field Trends Report. The analysis finds that healthcare professional (HCP) access has returned to its pre-pandemic state. Today, 45% of HCPs are accessible to biopharmas compared to 60% eighteen months ago, with half restricting engagement to th ...

SAN FRANCISCO, May 16, 2024 (GLOBE NEWSWIRE) -- HashiCorp, Inc. (NASDAQ: HCP), The Infrastructure Cloud™ company, today announced it will release financial results for its first quarter of 2025 fiscal year, which ended April 30, 2024, after the U.S. markets close Thursday, May 30, 2024. In light of the pending transaction with IBM, HashiCorp will not be hosting an earnings conference call to review the results or providing a financial outlook. About HashiCorp HashiCorp is The Infrastructure Cloud™ company, ...

HashiCorp is The Infrastructure Cloud™ company, helping organizations automate multi-cloud and hybrid environments with Infrastructure Lifecycle Management and Security Lifecycle Management. HashiCorp offers The Infrastructure Cloud on the HashiCorp Cloud Platform (HCP) for managed cloud services, as well as self- hosted enterprise offerings and community source-available products. The company is headquartered in San Francisco, California. For more information, visit hashicorp.com. In light of the pending t ...

NEW YORK, April 26, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers.  Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies.  Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process:  HashiCorp has agreed to be acquired by IBM ...

Anne Czichos Timing is everything in markets. When we last covered International Business Machines Corporation (NYSE:IBM) we looked at the results and the valuation and felt that this was almost there at the right level for investors to exit and not look back. Specifically, we said: The only time when it was more expensive was when sales fell post COVID-19 and the stock rebounded back. At present, the odds of you making money here over the medium term look slim. The business is doing ok, but has long te ...

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Key TakeawaysIBM shares dropped more than 8% in extended trading Wednesday after the computing and consultancy giant confirmed plans to acquire HashiCorp for $6.4 billion and reported quarterly revenue below Wall Street expectations.The company expects the deal, if finalized, to close by the end of 2024 and be accretive to adjusted EBITDA within the first 12 months after closing, and to generate free cash flow in the second year after closing.CFO James Kavanaugh said that macroeconomic uncertainty had led t ...

IBM wisely gravitated away from trying to be a pure cloud infrastructure vendor years ago, recognizing that it could never compete with the big three: Amazon, Microsoft and Google. It has since moved onto helping IT departments manage complex hybrid environments, using its financial clout to acquire a portfolio of high-profile companies.It began with the $34 billion Red Hat acquisition in 2018, continued with the Apptio acquisition last year, and it kept it going on Wednesday when the company announced that ...

IBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan. 16, 2024.IBM shares slipped 5% in extended trading on Wednesday after the hardware, software and consulting provider said it would acquire cloud software maker HashiCorp and reported first-quarter revenue that was lower than analysts had predicted.In a statement, IBM announced that it intends to pay $35 per share in cash for HashiCorp in a deal with a $6.4 billion enterprise value, net of cash. On Tuesday, The Wall Str ...