Mike Wheatley
Latest from Mike Wheatley
Citrix to become private company again in $16.5B sale, combine with Tibco
Updated: Citrix Systems Inc. is on the verge of becoming a private company again following sustained pressure from the activist investor Elliott Management Corp. After a Sunday report in the Wall Street Journal today said Elliott’s private equity firm Evergreen Coast Capital and Vista Equity Partners are close to agreeing a $13 billion deal to ...
Juniper Networks beats sales forecasts on better demand
Computer networking infrastructure firm Juniper Networks Inc. beat expectations with its fourth-quarter results today, sending its stock higher in after-hours trading. The company reported a profit before certain costs such as stock compensation of 56 cents per share, well up from a year ago when it delivered a profit of a penny per share. Juniper’s ...
Rapid subscription revenue growth helps Atlassian deliver another strong quarter
Collaboration and application software firm Atlassian Corp. Plc. delivered solid fiscal second-quarter results today, beating expectations on revenue, adding more than 10,000 new customers and growing its subscription revenue. The company followed up with strong guidance for the next three-month period, sending its stock almost 10% higher in late trading. Atlassian reported a net loss ...
Apple’s stock rises on record quarterly revenue and improving supply chain situation
Apple Inc. delivered impressive first-quarter results today, beating estimates in every product category except for iPads. The company also revealed its supply chain situation is improving, causing its stock to gain almost 5% in extended trading. The iPhone maker reported net income of $34.63 billion for the quarter, with earnings before certain costs such as ...
Google Cloud announces startup program with one year’s free access to its cloud
Google Cloud is expanding its support to interesting tech-based startups looking to solve some of the world’s most difficult challenges, with the goal of helping them get off the ground, grow and ultimately scale their businesses. Ryan Kiskis, director of the Startup Ecosystem at Google Cloud, explained in a blog post that the new Google ...
ServiceNow beats earnings expectations on 30% revenue growth
ServiceNow Inc. beat expectations on earnings and revenue today as it closed on a significant number of large transactions, sending its stock soaring almost 10% in extended trading. ServiceNow reported a profit before certain costs such as stock compensation of $1.49 per share on revenue of $1.629 billion in the quarter, up 30% from a ...
Qualtrics makes strong gains in extended trading on solid revenue beat
Experience management company Qualtrics International Inc. reported its fourth-quarter financial results today, beating expectations on revenue but falling short on profit. However, its stock rose almost 14% in late trading following a strong forecast for the current quarter. The company posted a net loss of $306.1 million for the quarter, resulting in a seven-cent-per-share loss. ...
Intel’s earnings results beat estimates as data center chip sales grow 20%
Computer chip giant Intel Corp. reported strong fourth-quarter results this afternoon as its revenue came in a full $1.2 billion above guidance and profit topped forecasts as well. Even so, the company’s stock fell around 3% in after-hours trading. Intel reported net income of $4.6 billion on earnings of $1.09 per share, down 21% from ...
Cloud data warehouse startup Firebolt hits unicorn status with $100M Series C round
Cloud data warehouse startup Firebolt Analytics Inc. hit unicorn status with a $1.4 billion valuation today after closing on a $100 million round of funding. The Series C round, which brings Firebolt’s total amount raised to $269 million, comes just 15 months after the company exited stealth mode. Alkeon Capital led today’s raise, together with participation ...
MinIO raises $103M to expand its multicloud data object store
Cloud-native data storage startup MinIO Inc. is feeling flush today after closing on a $103 million round of funding that brings its valuation to $1 billion. The Series B round was led by a high-profile backer: Intel Capital. Others, including SoftBank Vision Fund 2, Dell Capital, General Catalyst and Nexus Ventures, also participated in the ...