Adobe (NASDAQ: ADBE) recently reported its quarterly results that outpaced market expectations. The company continues to drive product innovations especially within its creative cloud segment to drive growth.
Recently eSignature player DocuSign (Nasdaq: DOCU) announced its third quarter results that surpassed market expectations. The company is looking to expand its use cases and diversify its product category to drive growth in the coming quarters.
Despite the uncertain macro-economic conditions, enterprise services provider Workday (NASDAQ: WDAY) feels confident in its ability to deliver. It believes that its cloud-based finance and HR solutions are mission-critical to organizations, making Workday relatively resilient to economic conditions. Its recently announced third quarter results continued to surpass market expectations.
According to a recent report, the enterprise cloud computing market is expected to grow 18% annually over the next few years to reach $1.25 trillion by 2027 from $545.8 billion in 2021. Nutanix (Nasdaq: NTNX), recently announced its first quarter results that outpaced market expectations.
GoDaddy (NYSE: GDDY) recently reported its third quarter results that failed to impress the market. The company remains focused on profitability, but the slowdown of the global economy has hurt its outlook for the current quarter and the year.
According to a recent report, the global cloud security market is projected to grow at 18% CAGR from $29.26 billion in 2021 to reach $106.02 billion by 2029. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its stellar quarter results.
Bill.com (NYSE:BILL), a leading cloud-based provider of financial services for SMBs, recently announced its first quarter results. Despite the current economic conditions, Bill.com had a very rosy outlook for the second quarter, exceeding market’s expectations.
Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its third-quarter results that continued to outpace market expectations. The company is seeing strong headwinds due to the macro economic conditions, but the company is confident of its growth in the coming quarters.