Asana says Q2 2027 revenue rose 10%, topped guidance
Asana reported fiscal second-quarter revenue of $216.4 million, up 10% year over year and above guidance. Management said AI products drove 25% of net new ARR and lifted retention metrics.
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Asana reported fiscal second-quarter revenue of $216.4 million, up 10% year over year and above guidance. Management said AI products drove 25% of net new ARR and lifted retention metrics.
UiPath reported Q2 CY2026 sales of $410.3 million, up 13.4% year on year and above Wall Street’s revenue expectations. Non-GAAP profit was $0.15 per share, and next-quarter revenue is expected around $442.5 million.
UiPath reported fiscal 2027 Q2 earnings of 15 cents per share and revenue of $410.26 million. ARR was $1.94 billion, and it raised fiscal 2027 revenue guidance to $1.789 billion–$1.794 billion.
UiPath shares rose in after-hours after second-quarter revenue beat analyst expectations. The company reported earnings of 15 cents per share on revenue of $410 mi… and matched estimates for EPS.
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PATH - Revenue Beat
China is heavily subsidizing its humanoid robot sector, with government-owned training centers buying robots and feeding data back to manufacturers. Separately, a court accepted a bankruptcy petition to liquidate Evergrande after years of distress.
Genesco said second-quarter fiscal 2027 bottom line results were significantly better than last year and well ahead of expectations, helped by higher gross margin recapture, more full-price selling and disciplined expense management.
US Defense Secretary extends Mideast deployments into 2027, with reports of heightened troop strain amid Iranian Army claims of latest attacks on US bases in Kuwait and the UAE.
NetApp reported Q1 revenue of $2.03 billion, up 30% year over year, and raised fiscal 2027 guidance to $7.975 billion-$8.225 billion for revenue and $9.73-$10.03 for EPS.
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UiPath is due to report second-quarter results Thursday after market close. Analysts expect revenue of $397.95 million and earnings of 15 cents per share, while company guidance calls for revenue of $395 million to $400 million.
GitLab reported Q2 FY27 revenue of $286.3 million, up 21% year over year, with non-GAAP operating income of $42.6 million and a 15% margin. It raised full-year revenue guidance to $1.129 billion-$1.133 billion.
Snowflake is set to report second-quarter results Wednesday after the close, with analysts expecting $1.48 billion in revenue and 45 cents a share in earnings.
Nvidia Corp. is set to report fiscal second-quarter results Wednesday after the bell, with Wall Street expecting $2.07 in adjusted EPS on $91.91 billion in revenue and the company guiding to $91 billion, plus or minus 2%.
Fabrinet reported fiscal fourth-quarter revenue of $1.316 billion and non-GAAP EPS of $4.10, topping consensus, but shares fell after datacom sales declined sequentially due to lower sales to Nvidia.
JD.com reported a 2.9% year-on-year revenue decline to 346.4 billion yuan in the June quarter even as adjusted net profit rose 20.8% to 8.9 billion yuan.
UBS says Nvidia is expected to deliver a sizable Q2 revenue beat and strong Q3 guidance, citing stable Blackwell demand and accelerating Rubin shipments, with a Buy rating and $280 price target.
CAVA reported second-quarter revenue of $368.44 million, topping the $360.53 million estimate
CoreWeave reports Q2 revenue of $2.575 billion and pro forma operating income of $128 million, beating consensus estimates
US stock futures are higher as investors await July CPI data
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