Tag Archives: Quarter

Chewy Announces Third Quarter 2020 Financial Results – Web Hosting | Cloud Computing | Datacenter

DANIA BEACH, Fla.–(BUSINESS WIRE)–Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted online destination for pet parents and partners everywhere, has released its financial results for the third quarter of fiscal year 2020 ended November 1, 2020, and posted a letter to its shareholders on its investor relations website at https://investor.chewy.com.

Fiscal Q3 2020 Highlights:

  • Net sales of $1.78 billion grew 45 percent year-over-year
  • Gross margin of 25.5 percent expanded 180 basis points year-over-year
  • Net loss of $32.8 million, including share-based compensation expense of $25.1 million
  • Net margin of (1.8) percent improved 460 basis points year-over-year
  • Adjusted EBITDA(1) of $5.5 million improved 118 percent year-over-year
  • Adjusted EBITDA margin(1) of 0.3 percent…

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Sierra Wireless Reports Third Quarter 2020 Results – Web Hosting | Cloud Computing | Datacenter

VANCOUVER, British Columbia–(BUSINESS WIRE)–Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported results for its third quarter ended September 30, 2020. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles (GAAP), except as otherwise indicated below.

“We are on-track to complete the sale of our Automotive product line and expect the deal to close in the coming weeks. Our Continuing Operations in the Third Quarter, excluding the Automotive product line being divested, improved sequentially with Recurring and Other Services revenue up 11% sequentially and 22% year-over-year,” said Kent Thexton, President and CEO. “Combining revenue from our Continuing Operations with the discontinued…


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Datto Announces Third Quarter 2020 Financial Results Conference Call – Web Hosting | Cloud Computing | Datacenter

NORWALK, Conn.–(BUSINESS WIRE)–Datto Holding Corp. (“Datto”) (NYSE: MSP), the leading global provider of cloud-based software and technology solutions purpose-built for delivery by managed service providers (MSPs), today announced it will report fiscal third quarter 2020 financial results after the market close on Monday, November 23, 2020. On that day, management will host a conference call and webcast at 5:00 pm ET to discuss the company’s financial results.

Datto Third Quarter 2020 Financial Results Conference Call

When: Monday, November 23, 2020

Time: 5:00 pm ET

Conference ID: 8549639

Live Call: 1-833-312-1358 (US/Canada Toll-Free) or 1-236-712-2458 (International)

Replay: 1-800-585-8367 (US/Canada Toll-Free) or 1- 416-621-4642 (International)

(The replay will be available…


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Model N Announces Preliminary Fourth Quarter Results – Web Hosting | Cloud Computing | Datacenter

The Company Exceeded its Fourth Quarter and Full Year Fiscal 2020 Guidance

The Company Announces CFO Transition

SAN MATEO, Calif.–(BUSINESS WIRE)–#ModelN–Model N, Inc. (NYSE: MODN), the leading provider of cloud revenue management solutions for Life Sciences and High Tech companies, today announced preliminary results for the fourth quarter and fiscal year 2020 ended September 30, 2020 and the transition of its CFO.

“I’m pleased to share that our preliminary fourth quarter results exceeded all revenue and profitability measures in our guidance, and I look forward to discussing the details on our upcoming earnings call on November 10th,” said Jason Blessing, Model N’s Chief Executive Officer. “The Model N team continues to execute strongly. Our sales strategy…


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HCA Healthcare Previews 2020 Third Quarter Results – Web Hosting | Cloud Computing | Datacenter

Will Return Approximately $6 Billion in CARES Act Funding

NASHVILLE, Tenn.–(BUSINESS WIRE)–HCA Healthcare, Inc. (NYSE: HCA) today announced preliminary financial and operating results for its third quarter ended September 30, 2020. In addition, the Company will return, or repay early, approximately $6 billion of government assistance funds received as part of the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act. The Company’s preliminary financial and operating results are based on current expectations and subject to finalization of the Company’s third quarter financial and accounting procedures.

Third Quarter Preview

HCA anticipates revenues for the third quarter of 2020 to approximate $13.300 billion compared to $12.694 billion in the third quarter of…


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