Mike Wheatley
Latest from Mike Wheatley
Fast-growing sales intelligence startup Apollo.io raises $110M in Series C funding
Business engagement software startup Apollo.io announced a bumper $110 million new round of funding today that brings its total amount raised to date to more than $150 million. The Series C round, which comes just three months after Apollo raised $32 million in its Series B round, was led by Sequoia Capital and saw participation from ...
Elastic beats earnings expectations with revenue growth of 43%
Enterprise search technology firm Elastic N.V. delivered fiscal third-quarter financial results today that beat analysts’ expectations, sending its stock slightly higher in late trading. The company reported a net loss for the quarter of $56.7 million, yielding a loss before certain costs such as stock compensation of 12 cents per share. That was offset by ...
Broadcom and Marvell deliver earnings and revenue beats on strong chip demand
Computer chipmakers Broadcom Inc. and Marvell Technology Inc. both reported quarterly financial results today, beating expectations and offering strong guidance to send their stocks higher in after-hours trading. The biggest gain was made by Broadcom, which saw its stock rise 4% after posting net income for the first quarter of $2.47 billion, reversing a slight ...
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 ...