Needham & Company Reiterates Buy on Nimble Storage (NMBL) Following 1Q Beat

BMO Capital Reiterates Market Perform on Nimble Storage (NMBL) Following 1Q Beat

BMO Capital maintained a Market Perform rating and $9.00 price target on Nimble Storage (NYSE: NMBL) following the company's 1Q earnings report. NMBL reported revenues of $86 million, slightly above the consensus $85 million estimate. EPS of ($0.24) was also above expectations. Management guided 2Q revenues to be in... More

Piper Jaffray Remains Sidelined on Nimble Storage (NMBL) Following 1Q Beat

Piper Jaffray maintained a Neutral rating and $90.00 price target on Nimble Storage (NYSE: NMBL) following the company's 1Q earnings report. Nimble reported revenue of $86.4M (cons $84.6M), slightly above the high-end guidance of $83-86M.

Analyst Andrew Nowinski commented, "Nimbles FQ1(Apr)... More

Nimble Storage (NMBL) Earnings Call Takeaways - Susquehana

Susquehana analyst, Mehdi Hosseini, reiterated his Positive rating on Nimble Storage (NYSE: NMBL) after last night's good print and guide. The two things that stood out were increased deal sizes and traction with All-Flash solutions. No change to $12 PT.

Key Takeaways:

1)... More

After-Hours Stock Movers 05/24: (CSC) (NMBL) (HPE) Higher; (SWPH) (INTU) (AXTA) Lower (more...)

Today's After-Hours Movers:

CSC (NYSE: CSC) 20.7% HIGHER; Hewlett Packard Enterprise (NYSE: HPE) announced plans for a tax-free spin-off and merger of its Enterprise Services business with CSC (NYSE: CSC), which will create a pure-play, global IT services powerhouse. The spin-off and merger is the logical next step in the turnaround of HPE's Enterprise Services segment. It also allows a standalone HPE to further sharpen its leadership in building the vital end-to-end infrastructure solutions necessary to power the enterprise cloud and... More

Nimble Storage (NMBL) Tops Q1 EPS by 2c; Guides In-Line

Nimble Storage (NYSE: NMBL) reported Q1 EPS of ($0.24), $0.02 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $86.4 million versus the consensus estimate of $84.59 million.

We saw strong customer and channel partner interest in our All Flash Arrays with deal... More

Trading Radar for 5/24: Best Buy (BBY), AutoZone (AZO), HP Enterprise (HPE), Toll Brothers (TOL) Report

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Earnings:

AutoZone (NYSE: AZO) - consensus EPS $10.92
Best Buy (NYSE: BBY) - consensus EPS $0.35
DSW, Inc. (NYSE:... More