Forecast
CrowdStrike raises annual forecast on steady cybersecurity demand
CYBERSECURITY firm CrowdStrike raised its annual revenue and profit forecasts and beat third-quarter revenue on Tuesday (Nov 26), betting on growing demand for cybersecurity services amid growing online threats.Businesses...
Zoom gives in-line sales forecast while investors seek more
ZOOM Video Communications gave a sales forecast for the current quarter that failed to impress investors who were expecting a bigger boost from the company’s expanded suite of products....
Shopify delivers upbeat holiday forecast as AI draws customers, shares surge
SHOPIFY forecast fourth-quarter revenue growth above estimates on Tuesday (Nov 12), as the Canadian company’s focus on employing AI-powered tools attract more merchants to its e-commerce services ahead of...
AstraZeneca lifts 2024 revenue and profit forecast after Q3 beat
DRUGMAKER AstraZeneca lifted its annual sales and profit forecast for the second time in less than four months on Tuesday (Nov 12), helped by resilient demand for its cancer...
Grab returns to profit in Q3, raises 2024 revenue forecast
Grab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being profitable, and raised its forecast for its full-year 2024 revenue on expectations of strong...
Grab reports Q3 profit of US$15 million, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on yearGrab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being...
Grab returns to profit in third quarter, raises 2024 revenue forecast
Group-adjusted Ebitda is US$90 million for the quarter, an improvement of 224% year on yearGrab on Tuesday (Nov 12) reported third-quarter earnings that showed it turned back to being...
OCBC beats forecast with 9% rise in Q3 profit to S$1.97 billion
OCBC’s net profit for the third quarter ended September rose 9 per cent to S$1.97 billion, from S$1.81 billion in the previous corresponding period. The bank on Friday (Nov...