Mike Wheatley
Latest from Mike Wheatley
Box beats estimates as its revenue growth accelerates
Box Inc. posted fourth-quarter earnings and revenue today that beat Wall Street’s expectations and followed up with strong guidance for the next quarter, sending its stock higher in extended trading. The cloud content management firm reported earnings before certain costs such as stock compensation of 24 cents per share on revenue of $233.4 million, up ...
Sanctuary raises $58.5M in funding to build robots with humanlike intelligence
Sanctuary Cognitive Systems Corp., a startup that’s attempting to build general-purpose robots with a humanlike appearance and intelligence, said today it has raised $58.5 million in an early-stage funding. Today’s Series A round included Bell, Evok Innovations, Export Development Canada, Magna, SE Health, Verizon Ventures and Workday Ventures. Sanctuary is nothing if not ambitious. The ...
Domo names John Mellor as its new CEO, replacing founder Josh James
The business intelligence software firm Domo Inc. announced a surprise leadership change today, naming John Mellor its new chief executive officer. Mellor (pictured), who had served as Domo’s chief strategy officer since 2019, will take over immediately from outgoing CEO Josh James. James founded Domo back in 2010 and helped the company grow to become ...
HPE delivers mixed earnings as revenue growth slows to a crawl
Hewlett Packard Enterprise Co. delivered mixed fiscal first-quarter results today, boosting its profit over one year ago despite generating barely any new revenue growth. The company reported earnings before certain costs such as stock compensation of 53 cents per share on revenue of $6.96 billion, up just 2% from the same period a year ago. ...
Salesforce beats earnings forecasts with solid growth across all business segments
Salesforce.com Inc. beat fiscal fourth-quarter earnings expectations today, with each segment within its main subscription and support business generating more than a billion dollars in revenue. The customer relationship management giant followed that by raising its guidance for the current quarter and full year, sending its stock higher in extended trading. The company reported earnings ...
Calyptia raises $5M in seed funding to accelerate observability for enterprises
Observability startup Calyptia Inc. said today it has closed on a $5 million seed funding round led by Sierra Ventures and Carbide Ventures as it looks to solve the problem of getting insights out of application’s log and event data at scale. Calyptia has built what it says is the first comprehensive enterprise platform to ...
HP beats earnings and revenue targets amid relentless PC sales boom
Personal computer and printer hardware giant HP Inc. revealed a big jump in fiscal first-quarter PC sales and overall revenue. It offered strong guidance for the next quarter and fiscal year too, pouring scorn on any suggestions that the latest PC boom may be coming to an end. The company reported net income of $1.08 ...
Workday closes fiscal 2022 with strong revenue growth and its stock rises
Enterprise resource planning software giant Workday Inc. beat fourth-quarter earnings expectations today, sending its stock up 7% in extended trading. The company reported a net loss of $73.2 million in the quarter, with earnings before certain costs such as stock compensation coming to 78 cents per share. Revenue rose 22%, to a record $1.38 billion, ...
Zoom’s stock falls on weak revenue forecast, then rebounds
Zoom Video Communications Inc. saw its stock fall as much as 13% in extended trading today before recovering almost all of the ground it lost. The stock gyration came in the wake of fourth-quarter earnings results that saw the videoconferencing provider beat expectations and offer a weak outlook for the next period and full year. ...
LiveRamp brings embedded identity capabilities to Snowflake’s Media Data Cloud
Data enablement platform company LiveRamp Holdings Inc. said today it’s bringing its online identity and translation capabilities to Snowflake Inc.’s Media Data Cloud to unlock greater connectivity across cloud-hosted data. The move makes it possible for TV programmers, connected TV platforms and other brands and agencies to access more accurate and dynamic media insights, LiveRamp ...
