Mike Wheatley
Latest from Mike Wheatley
Automation software provider Appian Corp. beat Wall Street’s expectations as it delivered its fourth-quarter financial results today, but its stock fell in extended trading as its losses widened. The company reported a loss before certain costs such as stock compensation of 28 …
Dropbox’s stock falls as it struggles to squeeze more revenue from existing customers
Shares of Dropbox Inc. were trending down in the after-hours trading session today after the company reported pedestrian growth and a decline in its average revenue per paying user. The company did at least beat expectations with its fourth-quarter financial results. It …
Biosafety startup R-Zero raises $105M in new funding round
Biosafety technology startup R-Zero Systems Inc. said today it has closed on a bumper $105 million funding round led by the global investment firm CDPQ, bringing its total amount raised to more than $170 million. BMO Financial Group, Qualcomm Ventures, Upfront Ventures, …
Shares of Pegasystems rise sharply after it breezes past Wall Street’s financial targets
Shares of Pegasystems Inc. were riding higher in after-hours trading today after the business process management software provider posted a strong earnings and revenue beat. The company reported fourth-quarter earnings, adjusted for onetime gains and costs, of 82 cents per share, well …
Solid earnings beat and share buyback plan sends Twilio’s stock higher
Shares of Twilio Inc. leaped by more than 13% in extended trading today after the communication service provider reported fourth-quarter earnings and revenue that beat expectations and said it will buy back shares worth $1 billion. The company reported a net loss …
Cisco’s stock rises on solid guidance, earnings and revenue beat
Cisco Systems Inc. beat expectations for its fiscal second-quarter financial results today and raised its full-year guidance, sending its shares up slightly in extended trading today. The networking giant reported earnings before certain costs such as stock compensation of 88 cents per …
Supply chain software firm Descartes acquires GroundCloud for $138M
Logistics and supply chain software-as-a-service company Descartes Systems Group Inc. said today it has acquired GroundCloud, the creator of a cloud-hosted final-mile automation platform, for $138 million. Founded in 1981, Descartes is one of the oldest enterprise software firms on the block. …
Post-quantum cryptography startup Sandbox AQ raises $500M
Quantum computing software startup Sandbox AQ, which spun off from Alphabet Inc. last year, said today it has closed on a $500 million round of funding. Breyer Capital, T. Rowe Price funds and Salesforce Inc. founder Marc Benioff’s TIME Ventures all participated …
Quantum Brilliance raises $18M to develop miniaturized quantum machines that run at room temperature
Startup Quantum Brilliance GmbH, which is building miniaturized quantum computers that can operate at normal room temperatures, said today it has closed on an $18 million round of funding. The round was led by Breakthrough Victoria, with participation from Main Sequence, Investible, …
Akamai beats expectations as cloud and security revenues grow
Akamai Technologies Inc., the content delivery network firm that’s morphing into a cloud infrastructure services provider, delivered better-than-expected financial results today as it gears up to take on the likes of Amazon Web Services Inc. and Google Cloud. The company reported fourth-quarter …