Mike Wheatley
Latest from Mike Wheatley
Coupa’s strong revenue growth drives surprise earnings beat
Payments technology provider Coupa Software Inc. saw its stock jump more than 5% in after-hours trading today as it posted a surprisingly strong fiscal second-quarter earnings beat thanks to impressive revenue growth. The company reported a profit before certain costs such as stock compensation of 26 cents per share on revenue of $179.2 million, up 42% ...
UiPath stock drops despite strong earnings beat and customer growth
Automation software company UiPath Inc. saw its stock slide almost 8% in extended trading today despite posting strong second-quarter financial results that topped expectations and raising its full-year guidance. The company reported a profit before certain costs such as stock compensation of a penny a share on revenue of $195.5 million, up 40% from a year ...
Intel says it could invest up to $95B in new European chip factories
Intel Corp. said today it could spend up to $95 billion to build as many as eight new semiconductor manufacturing plants in Europe, as part of its response to the ongoing global chip shortage. Plans to build two new chip factories in Europe were announced Tuesday by Intel Chief Executive Pat Gelsinger (pictured), the Wall ...
Canonical Anbox Cloud Appliance enables easier Android app prototyping on AWS
Ubuntu developer Canonical Ltd. is pushing harder into Android application development with today’s launch of its Anbox Cloud Appliance on Amazon Web Services Inc.’s Marketplace. The Anbox Cloud appliance is said to be a “small-scale” version of the company’s Anbox Cloud platform and provides a fast and easy “prototype to production” process for cloud-based Android ...
PagerDuty’s stock soars as it posts solid earnings beat and lifts full-year guidance
Incident response software firm PagerDuty Inc. is flying high today, its stock up more than 13% after reporting a smaller-than-expected loss and impressive revenue growth. The company also lifted its full-year outlook. PagerDuty reported a second-quarter loss before certain costs such as stock compensation of 13 cents per share on revenue of $67.5 million, up ...
MongoDB crushes forecasts with earnings results and its stock jumps
Databases are in vogue and that means MongoDB Inc.’s hot streak continued as it posted yet another earnings beat in its second-quarter results today. The company reported a loss before certain costs such as stock compensation of 24 cents per share on revenue of $198.7 million during the period, up an impressive 44% from a year ...
Strong momentum drives Broadcom to earnings beat
Chipmaker Broadcom Inc. said it expects to see momentum in the semiconductor industry keep gaining pace until the end of the year, after publishing strong third-quarter financial results that beat expectations. The company reported earnings today before certain costs such as stock compensation of $6.96 per share on revenue of $6.78 billion, up 16% from ...
Tableau’s latest release adds new tools for scaling up data analytics
Tableau Software LLC, a Salesforce.com Inc. company, is adding new capabilities to its platform today to help companies better scale up their data analytics operations. The company is framing Tableau 2021.3 as a major new release that’s meant to help organizations better manage the “data chaos” that exists today and ensure superior governance of data ...
Enterprise AI software firm C3 AI delivers mixed earnings results and its stock falls
Enterprise-focused artificial intelligence software firm C3 AI Inc. reported mixed fiscal first-quarter results today and was punished in after-hours trading as its stock lost more than 8% of its value. The earnings report comes at a time when C3 AI is working hard to build out its partner and go-to-market ecosystem, and a key part ...
Customer momentum and rising revenue help Asana to another earnings beat
Team collaboration software provider Asana Inc. beat expectations as it reported its second-quarter financial results today, driven by a growing customer base that’s spending more money on its products. The company reported a second-quarter loss before certain costs such as stock compensation of 23 cents per share on sales of $89.5 million, up 72% from ...