IOT

Autodesk (ADSK) came out with quarterly earnings of $2.99 per share, beating the Zacks Consensus Estimate of $2.84 per share. This compares to earnings of $2.29 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.28%. A quarter ago, it was expected that this design software company would post earnings of $2.63 per share when it actually produced earnings of $2.85, delivering a surprise of +8.37%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Autodesk, which belongs to the Zacks Internet - Software industry, posted revenues of $1.93 billion for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 2.08%. This compares to year-ago revenues of $1.63 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Autodesk shares have lost about 19.9% since the beginning of the year versus the S&P 500's gain of 9.9%. While Autodesk has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Autodesk was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stoc...

Samsara’s IOT margin expansion gained significant momentum in fiscal 2026, and the company appears well-positioned to sustain that trend into fiscal 2027. The company delivered strong operating leverage in fiscal 2026 as non-GAAP operating margin expanded to 17% from 9% in fiscal 2025, while fourth-quarter non-GAAP operating margin reached 21%, up from 16% a year ago. Samsara expects the momentum to continue in fiscal 2027, with a 19% non-GAAP operating margin and 21-22% revenue growth. A key driver behind the improving profitability is Samsara’s ability to scale revenue faster than operating expenses. Fiscal 2026 revenues increased 30% year over year to $1.62 billion, while non-GAAP operating income more than doubled to $282.4 million. The company continues to benefit from strong adoption among large enterprise customers, with ARR from customers contributing more than $100,000 annually, rising 37% year over year to $1.2 billion. Larger customers typically adopt multiple Samsara products, which improves platform monetization without proportionally increasing customer acquisition costs. Another important factor supporting margin expansion is disciplined expense management. Samsara’s expanding mix of multi-product enterprise deployments also strengthens its long-term margin profile. In the fourth quarter, nine of the company’s top 10 net new ACV deals included two or more products, while six included four or more products. This demonstrates that customers increasingly view Samsara as a mission-critical connected operations platform rather than a point solution provider. Implementation of new products and a deeper automation strategy may allow Samsara to generate higher incremental margins as software adoption increases across its installed customer base. Samsara’s strong enterprise momentum, expanding AI capabilities, disciplined cost structure and increasing operating leverage indicate that the company can likely sustain its margin expansion momentum in fiscal 2027. Samsara operates in a highly competitive market. Players include Motive, Lytx, Verizon VZ, Trimble TRMB and Geotab in the vehicle telematics space. To compete with these companies, Samsara is investing heavily in its operations, such as sales and marketing and research and development. Verizon offers products like Connect Reveal, Connect Fleet and Connect Asset Tracking to address GPS fleet tracki...

Applied Materials AMAT reported second-quarter fiscal 2026 non-GAAP earnings of $2.86 per share, which beat the Zacks Consensus Estimate by 6.5%. AMAT’s second-quarter fiscal 2026 non-GAAP earnings increased 19.7% from the year-ago quarter’s reported figure of $2.39 per share. AMAT beat the Zacks Consensus Estimate in each of the trailing four quarters, with an average surprise of 7.1%. AMAT reported revenues of $7.91 billion in second-quarter fiscal 2026, surpassing the consensus estimate by 2.8%. This top line increased 11.4% from the year-ago quarter’s reported figure of $7.1 billion. Management tied the quarter’s strength to the rapid global build-out of AI computing infrastructure and Applied Materials’ leadership in leading-edge foundry-logic, DRAM and advanced packaging. The company also highlighted rising customer visibility, including rolling eight-quarter forecasts from its largest customers, supporting planning for capacity and service resources. Applied Materials, Inc. price-consensus-eps-surprise-chart | Applied Materials, Inc. Quote Applied Materials emphasized that AI demand is expanding beyond training and inference into agentic applications, which it said are more CPU-intensive and can raise demand for DRAM and NAND. The company also noted broad internal AI adoption, with more than 35,000 users across its global workforce. Applied Materials pointed to momentum in its EPIC platform, designed to shorten commercialization cycles from research to full-scale manufacturing. During the quarter, it announced multiple partner engagements, including TSMC joining as a founding partner alongside Micron, Samsung and SK hynix, with Advantest as an innovation partner and ASU, RPI and Stanford as research partners. The company said the EPIC Center in Silicon Valley remains on track to begin operations in the fall. Applied Materials framed this collaboration model as a way to improve R&D productivity, increase multi-node visibility for investment decisions and accelerate design wins for its tools and services. Segment performance was led by Semiconductor Systems, which generated $5.97 billion in revenues in the quarter, up 10% from $5.40 billion reported a year earlier. Applied Global Services posted $1.67 billion in revenues, up 17% from the $1.42 billion reported in the prior-year quarter, while Other revenues were $280 million compared with $279 million a...

Cellebrite DI Ltd. (CLBT) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +14.29%. A quarter ago, it was expected that this company would post earnings of $0.14 per share when it actually produced earnings of $0.14, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Cellebrite DI Ltd., which belongs to the Zacks Internet - Software industry, posted revenues of $128.3 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.90%. This compares to year-ago revenues of $107.55 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Cellebrite DI Ltd. shares have lost about 32.9% since the beginning of the year versus the S&P 500's gain of 8.8%. While Cellebrite DI Ltd. has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Cellebrite DI Ltd. was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Za...

Babcock & Wilcox Enterprises, Inc. BW reported first-quarter 2026 non-GAAP loss per share of a penny, narrower than the Zacks Consensus Estimate of a loss of 3 cents. BW had incurred a loss of 10 cents per share in the year-ago quarter. BW posted first-quarter 2026 revenues of $214.4 million, surpassing the Zacks Consensus Estimate by 42.55%. The top line climbed 44.3% year over year, driven by the rising demand tied to utility, industrial and AI data center power needs. BW’s top-line acceleration was driven primarily by higher large-project volume, which increased more than $60 million year over year. The company cited ongoing progress on the Base Electron work as an important contributor to the quarterly lift, as execution milestones on manufacturing and early site preparation moved forward. Babcock price-consensus-eps-surprise-chart | Babcock Quote On the first-quarter 2026 earnings call, management noted that Base Electron generated $31 million of revenues in the quarter. While BW expects additional revenue contributions in 2026 as milestones are achieved, management characterized the more meaningful ramp as beginning next year when full on-site construction activity expands. B&W’s operating loss narrowed modestly to $1.7 million from $1.8 million a year ago, showing that the stronger revenue base largely offset higher operating costs. Selling, general and administrative expenses rose alongside growth initiatives and project activity, while the overall cost structure reflected higher volume. The quarter’s headline net loss from continuing operations of $79.6 million was heavily influenced by non-cash valuation changes tied to warrants and other stock-related costs. Excluding $81.8 million of those items, BW reported adjusted net income from continuing operations of $2.2 million. Adjusted EBITDA rose to $16.1 million versus $4 million in the prior-year quarter, underscoring improved operating leverage as revenues expanded. BW posted bookings of $2.5 billion in the first quarter, up 1,971% from the prior-year period, reflecting the scale of power-generation opportunities tied to both its core portfolio and AI data center-related demand. Backlog ended the quarter at $2.7 billion, representing an increase of 483% year over year, supporting multi-quarter revenue visibility as large projects progress through execution. Management also highlighted that the comp...

Gen Digital Inc. GEN reported fourth-quarter fiscal 2026 non-GAAP earnings of 67 cents per share, topping the Zacks Consensus Estimate by 3.6%. GEN’s fourth-quarter fiscal 2026 earnings grew 13.6% year over year. Quarterly revenues of $1.28 billion also beat the consensus mark by 3.57% and rose 26.7% year over year. The quarter reflected healthy demand for GEN’s Cyber Safety Platform and strong execution in Trust-Based Solutions. Paid customers ended the period at 79 million, up from 68 million a year ago. Gen Digital’s fourth-quarter revenue increase was supported by sustained momentum across the portfolio, as management pointed to strong demand and accelerating growth. The company highlighted a fourth straight quarter of double-digit bookings growth, underscoring ongoing product traction and customer activity. Gen Digital Inc. price-consensus-eps-surprise-chart | Gen Digital Inc. Quote Bookings rose 27% year over year to $1.36 billion in the quarter. The company also emphasized that pro-forma results, which include MoneyLion in the prior-year baseline, showed a 9% revenue increase, pointing to a steadier underlying growth profile after normalizing for the acquisition baseline. GEN’s mix segment continued to evolve, with Trust-Based Solutions providing the primary growth engine. In the fiscal fourth quarter, Trust-Based Solutions revenues jumped to $446 million from $202 million in the year-ago period, reflecting 121% year-over-year growth and a much larger contribution from the financial wellness and marketplace assets. Gen Digital described the Trust-Based Solutions performance as supported by strong personal financial management results and expanded “Engine” verticals, while also noting continued investment to drive innovation and market share gains. This faster-growing segment has become a meaningful component of quarterly revenues alongside the more mature Cyber Safety Platform. Gen Digital’s Cyber Safety Platform remained a stable earnings anchor. Segment revenues increased to $837 million in the quarter from $808 million a year earlier, reflecting 4% year-over-year growth and continued demand for cybersecurity and privacy offerings even as growth rates are more modest than in Trust-Based Solutions. Profitability in the core franchise stayed robust. The company reported a 61% operating margin in the Cyber Safety Platform in the fourth quarter, aided b...

DXC Technology, Inc. DXC posted fourth-quarter fiscal 2026 non-GAAP earnings of 77 cents per share, which declined 8.3% year over year but beat the Zacks Consensus Estimates by 4.76%. DXC’s revenues of $3.13 billion slipped 1.2% from the year-ago quarter and missed the consensus mark by 1.34%. Despite the top-line shortfall, profitability held up, with adjusted EBIT margin at 7.6% for the quarter. Management pointed to disciplined spending and execution on margin and cash flow, even as demand softened in parts of the portfolio. DXC Technology’s total revenues declined 6.6% on an organic basis in the quarter, underscoring that foreign exchange and portfolio effects were not the main issue. On the earnings call, DXC described the revenue gap as tied to both pipeline and execution. Pressure was most visible in short-term services work. The company said discretionary spending weakened further during the period, particularly within Global Infrastructure Services, with impacts in both the United States and Europe. By segment, Consulting & Engineering Services (CES) generated $1,256 million of revenues, down 3.9% on an organic basis. DXC Technology Company. price-consensus-eps-surprise-chart | DXC Technology Company. Quote Global Infrastructure Services (GIS) produced $1,549 million, down 10.6% organically and below management’s expectations for the quarter. Insurance Software & Services delivered $325 million, up 4.0% organically, supported by software strength. Bookings trends also diverged. DXC’s bookings were $3.3 billion, and the quarterly book-to-bill ratio was 1.07x, with bookings down 13.5% year over year. CES and GIS bookings declined 11.1% and 18.9%, respectively, while Insurance bookings increased 20.3%, though with a book-to-bill ratio of 0.88x. DXC Technology exited the fiscal fourth quarter with $1.74 billion in cash and cash equivalents compared with $1.73 billion in the previous quarter. The long-term debt balance (net of current maturities) was $3.03 billion as of March 31, 2026. DXC generated $239 million in cash from operations during the quarter. Free cash flow was $110 million, essentially flat year over year, as cash flow strength was supported by lower cash taxes and lower capital expenditures across fiscal 2026. Capital allocation remained active. DXC repurchased $60 million of shares in the quarter and $250 million in fiscal 2026. The compa...

DHI Group, Inc. DHX delivered first-quarter 2026 earnings of 6 cents per share, beating the Zacks Consensus Estimate of 2 cents by 200%. The company’s results reflected continued momentum at ClearanceJobs and tighter cost execution. Revenues came in at $30 million, topping the consensus mark by 2.16%. On a year-over-year basis, revenues declined 7.1%. DHX’s subscription-heavy model continues to support a high level of recurring revenues. ClearanceJobs revenues were $14 million, up 5% year over year. Management cited improving demand trends tied to a more favorable government spending environment, with early benefits from recent strategic initiatives. Dice revenues totaled $15.7 million, down 17% from the year-ago quarter. The segment continued to face a softer tech hiring backdrop, even as management pointed to improving leading indicators and engagement trends. DHI Group, Inc. price-consensus-eps-surprise-chart | DHI Group, Inc. Quote DHX ended the quarter with 1,741 ClearanceJobs recruitment package customers, down 8% year over year. Despite the lower count, average annual revenue per ClearanceJobs recruitment package customer increased 6% to $27,286, pointing to better monetization within the base. Dice recruitment package customers were 3,832 at quarter end, reflecting a 15% year-over-year decline. Average annual revenue per Dice recruitment package customer was $15,466, down 6%, as smaller customers remained more sensitive to macro uncertainty. ClearanceJobs posted a revenue renewal rate of 88% in the quarter, while Dice recorded 71%. DHX also reported retention rates of 105% for ClearanceJobs and 100% for Dice, reflecting solid contract value preservation among renewing customers. Deferred revenues ended the quarter at $44.5 million, down 12% from the first quarter of 2025. Total committed contract backlog was $99.0 million, down 8% year over year, giving investors a snapshot of contracted revenue visibility across the business. Operating expenses fell 36% year over year to $26.6 million, due to efficiency actions and the ongoing shift in Dice toward a modern recruiting platform and a leaner operating model. The improved cost structure helped DHX generate operating income of $3.1 million versus an operating loss a year earlier. Adjusted EBITDA increased 17% to $8.1 million, translating into a 27% margin compared with 22% in the year-ago quarter. Net in...

Digi delivered a record fiscal Q2 with $131 million in revenue (+25% YoY), a 64% gross margin (all-time high), record operating cash flow of $41 million, ARR $184 million (+50% YoY) and $34 million of adjusted EBITDA (26.3% margin). Management says the company remains on track toward its longer-term targets — guidance implies roughly 25% ARR growth to about $190 million by year-end, and the $200 million ARR and $200 million adjusted EBITDA goals are considered “within reach,” though adjusted EBITDA still needs additional progress. Operationally, Digi sees “accelerating” customer behavior across AI data centers, utilities, medical and transit, with Jolt integrated well and Particle (about $20 million of recurring revenue) contributing roughly $4 million this quarter; channel inventory is low but supply-chain availability is being managed. Interested in Digi International Inc.? Here are five stocks we like better. Top IoT Stocks: Why Samsara and Digi Are Thriving in 2025 Digi International (NASDAQ:DGII) reported record results for its fiscal second quarter of 2026, driven by strong revenue growth, expanding margins, and continued gains in annualized recurring revenue (ARR), as management highlighted improving customer engagement in several industrial markets. Chief Financial Officer Jamie Loch said the company delivered “records all over the place” in the quarter, including revenue of $131 million, up 25% year-over-year and a quarterly record. Gross margin reached 64%, up 190 basis points from the prior year and an all-time high for Digi. → The Real SpaceX Play: 5 Chip Stocks Powering the IPO Before It Launches How Far Will Digi International Run Up After Q3 Report? Loch attributed the gross margin performance to a combination of factors, including the growing contribution from ARR, favorable mix within product lines, and pricing dynamics. He noted that current memory-related pricing pressure was being “somewhat offset by other positive pricing impacts” within cost of goods sold, leaving memory as more of a basis-point-level headwind rather than a major drag in the quarter. The company also posted record cash flow from operations of $41 million, up 58% year-over-year. On a non-GAAP basis, Digi reported: $184 million in ARR, up 50% year-over-year $34 million of adjusted EBITDA, a quarterly record Adjusted EBITDA margin of 26.3%, another quarterly record → Tyson...

Samsara Gains on IoT Trends Despite Stock Dip Trimble (NASDAQ:TRMB) reported first-quarter 2026 results that exceeded management’s expectations on both the top and bottom line and prompted the company to raise its full-year outlook. President and CEO Rob Painter said the company “delivered a great start to the year,” with revenue of $940 million up 12% on an organic, year-over-year non-GAAP basis, annualized recurring revenue (ARR) of $2.435 billion up 13%, and earnings per share of $0.79, which was above the high end of the company’s guidance range. Painter said Trimble’s performance reflects its “connect and scale strategy,” which he described as connecting work in the office and field, connecting hardware and software, and connecting the physical and digital worlds. He also emphasized the company’s focus on embedding AI into industry workflows, positioning Trimble as “the intelligence and execution layer that reconciles our customers’ digital and physical realities.” → Berkshire Hathaway’s Record Cash Hoard: Why and What's Next? Autodesk Raises Guidance After Clearing Audit Investigation CFO Phil Sawarynski said Trimble’s organic revenue growth of 12% exceeded its outlook, led by strength in AECO and Field Systems, while Transportation and Logistics grew despite a constrained freight market. Sawarynski said the company’s recurring revenue base continued to expand, with ARR reaching a record $2.435 billion, up 13% and “in line with our outlook.” Trimble also delivered margin expansion in the quarter. Sawarynski said gross margins expanded to 71% and EBITDA margins reached 27.4%, representing a 150-basis-point expansion from the prior year. Free cash flow in the first quarter was $275 million, and Trimble ended the period with $234 million of cash and a leverage ratio of 1.1x, which Sawarynski said is well below the company’s long-term target of 2.5x. → A Prada Payday: Is AMC Back in Style? 2 Navigation Stocks That Continue to Defy Gravity Management highlighted growth across all three reporting segments: AECO: Painter said AECO delivered “another outstanding quarter,” with ARR and revenue each up 14%. Sawarynski reported AECO reached record ARR of $1.51 billion, and operating margin improved to 31.5%, up 420 basis points year over year. Field Systems: Painter said the “physical side of Trimble outperformed,” led again by civil construction, with ARR and re...

EPAM Systems Inc. EPAM reported strong first-quarter 2026 results, with revenues and earnings surpassing the Zacks Consensus Estimate despite macroeconomic uncertainty. EPAM reported first-quarter non-GAAP earnings of $2.86 per share, which increased 18.7% year over year and beat the Zacks Consensus Estimates by 4%. The company’s first-quarter revenues of $1.40 billion beat the Zacks Consensus Estimates by 0.24% and increased 7.6% year over year from $1.30 billion in the prior-year quarter. On an organic constant-currency basis, revenues grew 3.7% year over year. EPAM Systems’ year-over-year revenue growth was driven by strong performance across most industry verticals, led by Financial Services and Software & Hi-Tech, while Business Information & Media remained weak. EPAM Systems, Inc. price-consensus-eps-surprise-chart | EPAM Systems, Inc. Quote Revenues from Financial Services (25% of total revenues) were $350.2 million, up 11.5% year over year. First-quarter revenues from Consumer Goods, Retail & Travel (19.6% of total revenues) were $273.9 million, which increased 7.2% year over year. Revenues from Software & Hi-Tech (15.1% of total revenues) were $210.7 million, up 10.9% year over year. Life Sciences & Healthcare revenues (11.7% of total revenues) were $164.1 million, which increased 5.9% year over year. Revenues from Business Information & Media (11.8% of total revenues) were $165.4 million, down 0.7% year over year. Emerging vertical revenues (16.8% of total revenues) were $235.8 million, which rose 6.8% year over year. Geographically, Americas revenues were $799.5 million, up 2.5% year over year, while EMEA revenues increased 15.9% year over year to $576 million. APAC revenues grew 1.2% year over year to $24.6 million. EPAM’s non-GAAP gross profit increased 9.9% year over year to $411.4 million, while the non-GAAP gross margin expanded 70 basis points (bps) to 29.4%. The non-GAAP operating income increased 14.2% year over year to $200.7 million. The non-GAAP operating margin expanded 80 bps to 14.3%. As of March 31, 2026, EPAM had cash, cash equivalents and restricted cash of approximately $1.04 billion, down from $1.30 billion as of Dec. 31, 2025. Long-term debt was $165 million as of March 31, 2026. During the first quarter, cash used in operating activities was $36.4 million compared with cash generated from operating activities of $24.2 million...

Paycom Software (PAYC) came out with quarterly earnings of $3.15 per share, beating the Zacks Consensus Estimate of $2.93 per share. This compares to earnings of $2.8 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.35%. A quarter ago, it was expected that this maker of human-resources and payroll software would post earnings of $2.44 per share when it actually produced earnings of $2.45, delivering a surprise of +0.41%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Paycom, which belongs to the Zacks Internet - Software industry, posted revenues of $571.9 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.20%. This compares to year-ago revenues of $530.5 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Paycom shares have lost about 17.4% since the beginning of the year versus the S&P 500's gain of 6%. While Paycom has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Paycom was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 R...