Mike Wheatley
Latest from Mike Wheatley
Cryptocurrency exchange Coinbase Global Inc. beat projections as it delivered its fourth-quarter earnings and revenue today, but its user numbers fell short of estimates, sending its stock down in after-hours trading. In a letter to shareholders, the company reported a loss before …
BMC Software reportedly files plans for IPO that could value it at $15B
Enterprise software firm BMC Software Inc. reportedly filed confidential plans for an initial public offering late Friday, in what could be one of the first signs of the market thawing after almost a year of inactivity on the IPO front. The technology …
Avaya files for Chapter 11 bankruptcy protection for a second time
Avaya Inc., the veteran unified communications company, said this week that it’s filing for Chapter 11 bankruptcy protection for the second time in its history, while announcing a plan that will slash $2.6 billion of debt from its balance sheet. The company’s …
Appian beats expectations but stock falls as it racks up increased losses
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. …