Aerohive Networks® Reports Q1 2019 Results
Hive Blockchain Technologies Ltd. - Common Shares (HIVE)
Last hive blockchain technologies ltd. - common shares earnings: 5/8 04:15 pm
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Source: Business Wire
MILPITAS, Calif.--(BUSINESS WIRE)-- Aerohive Networks (NYSE: HIVE), a leader in cloud-managed networking, today announced financial results for its first quarter ended March 31, 2019. “Given our first quarter results, we have taken actions to improve execution and predictability going forward. Looking ahead, we are encouraged by our continued progression to a more SaaS-like business model, the Wi-Fi 6 (802.11ax) upgrade opportunity, and our success in the 2019 E-rate cycle,” stated David Flynn, president and chief executive officer, Aerohive Networks. First Quarter 2019 Financial Summary Total revenue for the first quarter of fiscal year 2019 was $33.0 million, compared with $35.8 million for the first quarter of 2018. Subscription and support revenue was $12.5 million, or 38% of total revenue, for the first quarter of fiscal year 2019, compared with $10.7 million, or 30% of total re
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News
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) had its "overweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $9.00 price target on the stock.MarketBeat
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) had its price target raised by analysts at Northland Securities from $5.50 to $7.00. They now have an "outperform" rating on the stock.MarketBeat
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) had its price target raised by analysts at HC Wainwright from $5.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) had its price target raised by analysts at Canaccord Genuity Group Inc. from $6.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- HIVE Digital Technologies Ltd. (NASDAQ: HIVE) is now covered by analysts at Cantor Fitzgerald. They set an "overweight" rating and a $9.00 price target on the stock.MarketBeat
HIVE
Sec Filings
- 11/12/24 - Form 6-K
- 11/8/24 - Form 6-K
- 11/5/24 - Form SC
- HIVE's page on the SEC website