Aerohive Networks™ Reports Q3 2018 Results, With Record EPS and Subscription and Support Revenue
Hive Blockchain Technologies Ltd. - Common Shares (HIVE)
Last hive blockchain technologies ltd. - common shares earnings: 5/8 04:15 pm
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ir.aerohive.com
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Source: Business Wire
MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks (NYSE: HIVE), a Cloud Networking Leader, today announced financial results for its third quarter ended September 30, 2018. “Today we reported financially strong third quarter results with record subscription and support revenue and gross margins, as well as record high EPS and deferred revenue,” stated David Flynn, President and Chief Executive Officer. “These results demonstrate our progress moving to a SaaS-like business model and underscore our focus on profitability. We are pleased to return to growth in the second half, and while we are not yet seeing the growth levels that we aspire to, we are encouraged that our improved product offerings are bringing us into more large opportunities, suggesting progress toward our long-term goals.” Financial Summary Total revenue for the third quarter of fiscal year 2018 was $40.6 million,
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HIVE
News
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) was upgraded by analysts at StockNews.com to a "sell" rating.MarketBeat
- HIVE Digital Technologies Tops 2024 TSX Venture 50 in Technology, Leading In Blockchain and AI Infrastructure [Yahoo! Finance]Yahoo! Finance
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) had its "buy" rating re-affirmed by analysts at Canaccord Genuity Group Inc.. They now have a $6.00 price target on the stock.MarketBeat
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) had its "neutral" rating re-affirmed by analysts at HC Wainwright. They now have a $3.50 price target on the stock.MarketBeat
HIVE
Sec Filings
- 4/15/24 - Form 6-K
- 2/13/24 - Form 6-K
- 2/8/24 - Form 6-K
- HIVE's page on the SEC website