Mike Wheatley
Latest from Mike Wheatley
Data center infrastructure firms Nutanix and Pure Storage deliver strong earnings
Data center infrastructure firms Nutanix Inc. and Pure Storage Inc. both delivered strong earnings results today, beating Wall Street’s expectations and gaining in after-hours trading. Nutanix reported a net loss for the second quarter of $5.1 million, with a loss before certain costs such as stock compensation of 3 cents per share. Revenue for the ...
Splunk hires Gary Steele from Proofpoint as its new CEO
Big data software company Splunk Inc. unveiled its new chief executive officer today, about three months after its longtime leader Doug Merritt stepped down from the company. Splunk, which makes software that’s used by enterprises to monitor and analyze data, said it has appointed Gary Steele (pictured) as its new CEO. Steele, who is currently ...
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, ...