Shares of RingCentral Inc. jumped over 7% in after-hours trading today after the cloud communications company delivered healthy earnings and revenue beats in its latest quarter. For its third quarter ended Sept. 30, RingCentral reported adjusted earnings per share of 78 cents, up from 55 cents per share in the same quarter of last year, ...

Fresh off of acquiring Dig Security Solutions Ltd. at the end of October, Palo Alto Networks Inc. has continued its acquisition spree by announcing today that it’s acquiring Israeli enterprise browsing platform company Talon Cyber Security Ltd. for a reported $625 million. The companies didn’t provide details, but according to a report today in Ctech by Calcalist, ...

Financial technology firms Coinbase Inc. and Block Inc. both reported quarterly earnings today and it was a tale of two different outcomes, as Coinbase shares fell on declining trading volume and Block shares surged as much as 17% on higher-than-expected growth. For its fiscal third that ended Sept. 30, Coinbase reported an adjusted loss of ...

Shares in Atlassian Corp. fell about 10% in after-hours trading today after the Australian collaboration software company reported a widening loss in its latest quarter report. For its fiscal first quarter ending Sept. 30, Atlassian reported a net loss of $31.9 million, or 12 cents per share, compared with a loss of $13.7 million, or ...

Shares in Fortinet Inc. fell by as much as 17% in late trading today after it came up short on revenue and outlook and announced a company restructuring to sharpen its focus on core growth areas. For its fiscal third quarter that ended Sept. 30, Fortinet reported adjusted earnings per share of 41 cents, up ...

Shares in Cloudflare Inc. fell about 5% in late trading today after the content delivery network company reported earnings and revenue beats but missed on revenue guidance in its latest quarterly report. For its third quarter that ended Sept. 30, Cloudflare reported adjusted net income of $55.3 million, or 16 cents per share, up from $19.1 ...

Serverless platform startup Koyeb Inc. today announced that it has raised $7 million in new funding to advance its serverless platform, as it aims to enable the deployment of applications globally without requiring developers to manage infrastructure or rewrite code. Founded in Paris in 2020, Koyeb offers a serverless platform that provides developers and businesses with a ...

Shares in Fastly Inc. surged by nearly 13% in late trading after the edge cloud platform provider reported earnings and revenue beats in its most recent quarter and a record quarterly level of revenue. For its third quarter that ended Sept. 30, Fastly reported an adjusted earnings per share loss of six cents per share, ...

Shares in Rapid7 Inc. rose in after-hours trading today after the cybersecurity solutions provider reported earnings and revenue beats in its most recent quarterly report. For its third quarter that ended Sept. 30, Rapid7 reported adjusted earnings per share of 50 cents on revenue of $199 million, up 13% year-over-year. Analysts had expected Rapid7 to ...

Secure cloud access startup P0 Security Inc. today announced that it has raised $5 million in new funding and launched into general availability its flagship product for security practitioners to secure cloud access. Founded in 2022, P0 Security helps security engineers secure cloud access and entitlements for their developers. The product can be used to identify ...