Mike Wheatley
Latest from Mike Wheatley
Amid reports of a possible sale, New Relic kicks off fiscal 2023 with strong earnings beat
New Relic Inc.’s management relieved some of the pressure the company is under today, delivering fiscal first-quarter financial results that came in above expectations. It followed up with strong guidance for the next three months, sending its stock higher in after-hours trading. The results came as the company announced it has hired David Barter to ...
Twilio beats expectations but its stock drops on weak outlook
Shares of Twilio Inc. fell in extended trading today after the company offered a weak outlook for its fiscal third quarter, despite beating expectations with its second-quarter results. The company reported a loss before certain costs such as stock compensation of 11 cents per share on revenue of $943.4 million, up 41% from the same ...
After beating Wall Street’s targets, Dropbox drops its full-year revenue forecast
File-sharing service provider Dropbox Inc. posted second-quarter financial results that beat expectations today, but it offered weak guidance for the next quarter and cut its full-year outlook amid what it described as “challenging macroeconomic conditions.” The company reported earnings before certain costs such as stock compensation of 38 cents per share, resulting in a net ...
Amplitude shows strong revenue growth and beats Wall Street’s expectations
Behavior tracking software firm Amplitude Inc. reported strong second-quarter results today that surpassed Wall Street’s expectations. It also offered some encouraging guidance for the next quarter, but its stock didn’t move much, having made impressive gains earlier in the day. The company reported a loss before certain costs such as stock compensation of eight cents ...
JFrog’s revenue jumps almost 40% as it beats Wall Street’s expectations
DevOps company JFrog Ltd. delivered solid second-quarter financial results today, beating Wall Street’s expectations, but its stock fell slightly in after-hours trading when it offered guidance for the next quarter that was only in line with analyst’s targets. The company reported a net loss of $23.7 million for the period, amounting to a loss before ...
Confluent reports strong revenue growth on rising demand for streaming data
Shares of the big-data company Confluent Inc. made sharp gains today after the company reported second-quarter financial results and guidance for the next period that came in ahead of expectations. The company reported a loss before certain costs such as stock compensation of 16 cents per share, with revenue coming to $139.4 million in the ...
Deep Instinct debuts a low resource malware scanning tool for data in-transit
Threat protection-focused startup Deep Instinct Ltd. announced a new offering today called Deep Instinct Prevention for Applications, claiming that it can safeguard any web application or cloud storage service from malicious content. Deep Instinct, which raised $43 million in funding back in February 2020, is the creator of a deep learning-based threat detection platform that ...
‘Service experience’ startup Aisera raises $90M to help enterprises go AI-native
Aisera Inc., an artificial intelligence-powered “service experience” startup that aims to enhance employee and customer experiences, said today it has closed on a $90 million late-stage round of funding. The Series D round was led by Goldman Sachs Growth Equity and Thoma Bravo and saw the participation of a host of other investors: Zoom Video ...
Fast-growing big-data company Alteryx beats expectations and its stock soars
Big data company Alteryx Inc. is flying high today after posting strong second-quarter results and offering a forecast for the next quarter and full year that came in ahead of expectations. The company reported a loss before certain costs such as stock compensation of 46 cents per share on revenue of $180.6 million, up 50% ...
AMD delivers record quarterly revenue, but its stock falls on weak guidance
Advanced Micro Devices Inc. might have beaten expectations today as it posted its second-quarter results, but it was unable to set aside fears of an imminent slowdown in the chipmaking industry as it offered guidance for the current quarter that came in below expectations. The company reported earnings before certain costs such as stock compensation ...
