We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Arrow (ARW) Adds CommVault's Metallic DMaaS to ArrowSphere
Read MoreHide Full Article
Arrow Electronics (ARW - Free Report) recently announced that it has added CommVault Systems’ (CVLT - Free Report) Metallic Data Management-as-a-Service (“DMaaS”) Backup and Recovery solutions to its cloud management portfolio — ArrowSphere.
CommVault’s Metallic is comprehensive data protection coverage across on-premise, cloud and Software-as-a-Service (“SaaS”) workloads. It provides enterprise-grade, industry-leading solutions with real time insights into at-risk datasets, abnormal behaviors, and suspicious events. Additionally, it offers flexible recovery with granular search, point-in-time, and out-of-place restore options.
With the addition of Metallic, which highlights further extension of the long-standing relationship between Arrow and CommVault, ArrowSphere will be able to accelerate cloud migration among its customers.
Arrow’s ArrowSphere helps channel partners manage, differentiate and scale their cloud businesses. The channel partners can access streamlined quoting and ordering, automated provisioning, and comprehensive billing integration.
ArrowSphere’s marketplace comprises leading hyperscale providers, public and private Infrastructure-as-a-Service, Platform-as-a-Service, Hardware-as-a-Service, SaaS, and cloud software services. With the latest move, Tinton Falls-based CommVault’s Metallic also joins this growing list of ArrowSphere products.
The Zacks Consensus Estimate for Advanced Micro Devices’ fourth-quarter 2021 earnings has been revised upward by 7 cents to 75 cents per share over the past 60 days. For 2021, earnings estimates have moved north by 1 cent to $2.64 per share in the last 60 days.
Advanced Micro Devices’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 14%. Shares of AMD have rallied 51.6% in the YTD period.
The consensus mark for Qualcomm’s first-quarter fiscal 2022 earnings has been raised to $3.01 per share from $2.78 in the past 30 days. For fiscal 2022, earnings estimates have been revised upward by 8.6% to $10.49 per share in the past 30 days.
Qualcomm’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 11.2%. Shares of QCOM have gained 15.2% YTD.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Arrow (ARW) Adds CommVault's Metallic DMaaS to ArrowSphere
Arrow Electronics (ARW - Free Report) recently announced that it has added CommVault Systems’ (CVLT - Free Report) Metallic Data Management-as-a-Service (“DMaaS”) Backup and Recovery solutions to its cloud management portfolio — ArrowSphere.
CommVault’s Metallic is comprehensive data protection coverage across on-premise, cloud and Software-as-a-Service (“SaaS”) workloads. It provides enterprise-grade, industry-leading solutions with real time insights into at-risk datasets, abnormal behaviors, and suspicious events. Additionally, it offers flexible recovery with granular search, point-in-time, and out-of-place restore options.
With the addition of Metallic, which highlights further extension of the long-standing relationship between Arrow and CommVault, ArrowSphere will be able to accelerate cloud migration among its customers.
Arrow’s ArrowSphere helps channel partners manage, differentiate and scale their cloud businesses. The channel partners can access streamlined quoting and ordering, automated provisioning, and comprehensive billing integration.
ArrowSphere’s marketplace comprises leading hyperscale providers, public and private Infrastructure-as-a-Service, Platform-as-a-Service, Hardware-as-a-Service, SaaS, and cloud software services. With the latest move, Tinton Falls-based CommVault’s Metallic also joins this growing list of ArrowSphere products.
Arrow Electronics, Inc. Price and Consensus
Arrow Electronics, Inc. price-consensus-chart | Arrow Electronics, Inc. Quote
Zacks Rank & Stocks to Consider
Arrow currently sports a Zacks Rank #1 (Strong Buy), while CommVault carries a Zacks Rank #5 (Strong Sell).
Some better-ranked stocks in the broader technology sector are Advanced Micro Devices (AMD - Free Report) and Qualcomm (QCOM - Free Report) , each carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Advanced Micro Devices’ fourth-quarter 2021 earnings has been revised upward by 7 cents to 75 cents per share over the past 60 days. For 2021, earnings estimates have moved north by 1 cent to $2.64 per share in the last 60 days.
Advanced Micro Devices’ earnings beat the Zacks Consensus Estimate in each of the preceding four quarters, the average surprise being 14%. Shares of AMD have rallied 51.6% in the YTD period.
The consensus mark for Qualcomm’s first-quarter fiscal 2022 earnings has been raised to $3.01 per share from $2.78 in the past 30 days. For fiscal 2022, earnings estimates have been revised upward by 8.6% to $10.49 per share in the past 30 days.
Qualcomm’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 11.2%. Shares of QCOM have gained 15.2% YTD.