Data analytics software firm Sumo Logic Inc. reported an earnings beat and a slightly better-than-expected outlook for its fiscal second quarter as its revenue continues to grow. For the second quarter ended July 31, Sumo Logic reported a loss even before costs such as stock compensation of $12 million or 10 cents per share, compared with a ...

Shares in Marvell Technology Inc. dropped in late trading after the infrastructure semiconductor maker issued a lower-than-expected fiscal third-quarter outlook. For its second quarter ended July 30, Marvell reported a profit before costs such as stock compensation of $486 million, or 57 cents per share, up from $284 million or 34 cents per share in the same ...

Shares in Workday Inc. surged in late trading after the enterprise resource planning software giant delivered an earnings beat and revised its operating margin outlook amid strong growth. For its second quarter ended July 31, Workday reported a profit before costs such as stock compensation of 83 cents per diluted share, down from $1.23 at ...

Cloud subscription services company Zuora Inc. has announced it has entered a deal to acquire subscription paywall software startup Zephr Inc. for $44 million in cash. Founded in 2017, Zephr offers a technology platform for media companies to grow their subscription revenue. The company says its identity, access management and customer experience platform allow for the swift ...

Shares in Box Inc. dropped slightly in late trading despite the file-sharing company reporting a modest earnings beat in its fiscal second quarter. For the quarter ended July 31, Box reported a profit before costs such as stock compensation of 28 cents per share, up from 21 cents per share in the second quarter of 2022. ...

Salesforce Inc. shares dropped in late trading today after the cloud-based software company came up short in its quarterly and full-fiscal year outlook. For its second quarter ended July 31, Salesforce reported a profit before costs such as stock compensation of $1.19 a share, down from $1.48 per share in the same quarter last year. Revenue ...

Shares in NetApp Inc. rose firmly in late trading after the enterprise storage company reported an earnings beat and an outlook on the higher side of expectations. For its fiscal first quarter ended July 29, NetApp reported a profit before costs such as stock compensation of $1.20 a share, up from $1.15 a share in ...

Cybersecurity and compliance solutions provider A-LIGN Compliance and Security Inc. today announced the release of compliance automation updates to their compliance management platform A-SCEND to deliver complete compliance solution automation. The updates are said to offer the industry’s first end-to-end compliance software on the market resulting in the highest-quality reports. With the update, A-SCEND allows ...

A former Apple Inc. engineer has pleaded guilty to stealing trade secrets from Apple’s car division in a plea agreement with U.S. authorities. Xiaolang Zhang was employed by Apple in December 2015 to work on Project Titan, Apple’s self-driving car project, where he was given the job of designing and testing circuit boards to analyze sensor ...

The infamous ransomware gang LockBit has had its leaks site knocked offline in a distributed denial-of-service attack, and the gang blames cybersecurity company Entrust Corp. for the attack. Bleeping Computer reported today that the leak site was knocked offline in a DDoS attack over the weekend and that LockBit had received a message telling it that ...