Tech is one of the fastest growing markets which has been on the run for years. New concepts such as the cloud and software-as-a-service have paved the way for multi-billion dollar companies to innovate and provide consumers with the most advanced products. Tonight, a few big tech companies are releasing their previous quarter financial statements. Let’s take a look at who’s dropping earnings tonight:
Five 9, Inc. (NASDAQ:FIVN)
Five9 provides cloud contact center software to businesses who rely heavily on the phone for their customer service and sales. The company provides software tailored to take on inbound and outbound calls and is suitable for call centers of all sizes. Five9 software integrates with countless customer relationship management software brands, making it an easy to use solution. After the market closes today, Five9 will release their previous quarters financial statements. Zacks Investment Research has consensus EPS listed at $-0.05 based on 7 reports. This would be a bit of an upset compared to previous quarters. Just last quarter EPS for Five9 was flat at $0.00 and just the quarter before EPS was at $-0.01. Keep an eye on Five9 and see if they can surprise the consensus.
GoDaddy Inc. (NYSE:GDDY)
GoDaddy is one of the largest publicly traded web hosting companies and domain registrar. The company has helped over 17 million customers get their own website domains as well as host them. With a market cap of over $12 billion, GoDaddy is here to stay. Today, November 6th, the company is set to release their earnings report for the previous quarter after the market closes. Consensus EPS estimates from Zacks have this quarters EPS at $0.18. This would mark some nice growth compared to this quarter last year at $0.07 and $0.11 last quarter. In the last 4 quarters, GoDaddy has followed a pattern of meeting and then beating consensus estimates. If the pattern follows, we’d expect this quarter expectations to be met.
Tableau Software, Inc. (NYSE:DATA)
Tableau Software are one of the industry leaders in data analysis software. The company designs and produces software programs designed to help companies and people see data more clearly. In today’s market, companies need to be lightweight and smart about their decisions. To do this, clear and readable data is absolutely necessary. Tableau is having their earnings report on Tuesday the 6th, after the market closes. Zacks Investment Research has consensus EPS estimates at $-0.67 based on 6 forecasts. In the last few quarters, Tableau came short on consensus estimates. Do they have what it takes to surprise the consensus this quarter?
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