Latest news with #SahalMuhammed
Yahoo
07-05-2025
- Business
- Yahoo
CDW beats quarterly estimates on demand for hardware, software
(Reuters) -IT hardware and services distributor CDW topped Wall Street estimates for first-quarter revenue and profit on Wednesday, buoyed by steady demand from healthcare, education and other industries. CDW said customer demand for desktops, notebooks, mobile devices, software and services helped it overcome a slowdown in sales in other hardware categories. "While economic uncertainty continues to persist, certain end-markets experienced improved customer spending during the first quarter of 2025," the company said in a statement. Revenue from its public segment, which sells to customers in the healthcare and education industries among others, rose 10.3% to $1.88 billion. Net sales from the company's corporate segment, the largest contributor to revenue, rose 6.3% from a year earlier to $2.23 billion. The Vernon Hills, Illinois-based company provides IT solutions such as cloud services, cybersecurity, and distributes hardware to enterprise, government, and healthcare clients across the United States, the United Kingdom, and Canada. CDW sources IT hardware and software from leading global vendors including Cisco, HP, Dell Technologies and Microsoft. It reported net sales of $5.20 billion in the quarter ended March 31, beating analysts' average estimate of $4.93 billion, according to data compiled by LSEG. On an adjusted basis, CDW earned $2.15 per share in the quarter, compared with estimates of $1.96 per share. (Reporting by Meghana Khare; Editing by Sahal Muhammed)
Reuters
25-03-2025
- Automotive
- Reuters
Aurora plans for self-driving trucks in harsh weather ahead of commercial launch
March 25 (Reuters) - Aurora Innovation (AUR.O), opens new tab plans to allow its self-driving trucks to operate without a driver in inclement weather ahead of launching commercial trips this year in Texas, the company said on Tuesday. The autonomous trucks are expected to start operating on public roads in Texas, New Mexico, and Arizona in 2025, adhering to speed limits ranging from 25 miles per hour to 75 miles per hour. Aurora said in January that it plans to launch the service in Texas in April. The company said on Tuesday it intends to expand operational design domain (ODD) for its autonomous vehicles to include harsh weather. ODD specifies the conditions and areas where self-driving vehicles can operate, taking into account geography, weather and other factors. The trucks will function in suburban and urban areas, dense traffic, day and night, and in highway construction zones with cones and barriers, it said. Aurora said it will enhance testing for the trucks, including simulations in virtual environments, assessments on closed tracks, and performance monitoring on roads before commercial launch. Earlier this year, the Uber-backed (UBER.N), opens new tab company signed a long-term deal with Nvidia (NVDA.O), opens new tab and Germany's Continental ( opens new tab to deploy driverless trucks. Reporting by Kritika Lamba in Bengaluru; Editing by Sahal Muhammed
