Mike Wheatley
Latest from Mike Wheatley
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, ...
Zoom’s stock falls on weak revenue forecast, then rebounds
Zoom Video Communications Inc. saw its stock fall as much as 13% in extended trading today before recovering almost all of the ground it lost. The stock gyration came in the wake of fourth-quarter earnings results that saw the videoconferencing provider beat expectations and offer a weak outlook for the next period and full year. ...
LiveRamp brings embedded identity capabilities to Snowflake’s Media Data Cloud
Data enablement platform company LiveRamp Holdings Inc. said today it’s bringing its online identity and translation capabilities to Snowflake Inc.’s Media Data Cloud to unlock greater connectivity across cloud-hosted data. The move makes it possible for TV programmers, connected TV platforms and other brands and agencies to access more accurate and dynamic media insights, LiveRamp ...
Autodesk delivers strong results but offers cautious outlook for this year
Computer-aided design software pioneer Autodesk Inc. posted strong fourth-quarter financial results today, beating expectations on earnings and revenue. However, the company followed up with weak guidance for the next three-month period and its stock dipped slightly in the after-hours trading session, having made gains earlier in the day. The company reported earnings before certain costs ...
Dell’s stock falls sharply on unexpected fourth-quarter loss
Computer and data center infrastructure giant Dell Technologies Inc. saw its stock fall hard in extended trading today after missing forecasts on earnings and posting a surprise fourth-quarter loss. The company did beat expectations on revenue, at least, thanks to record-breaking personal computer shipments. However, investors couldn’t stomach the net loss of $29 million, sending ...
Quantum Machines claims unique ability to perform real-time quantum error correction
Quantum Machines Ltd., a startup with a hardware platform that makes quantum computers easier to build and operate, today said its latest Pulse Processor Unit, called “Hadamard,” is now generally available. The company is the creator of a hardware platform that helps to manage the “qubits” in quantum computers. Traditional servers play an important role ...