Mike Wheatley
Latest from Mike Wheatley
Zuora caps a solid fiscal year with another earnings beat
Zuora Inc., a company that sells cloud subscription services to enterprises, delivered strong fourth-quarter earnings today, beating expectations on revenue and profit. The company reported a loss before certain costs such as stock compensation of 2 cents per share on revenue of $79.3 million, up 13% from the same period a year ago. Wall Street ...
Google’s Mission Critical Services offering raises the bar for cloud customer support
Google LLC debuted a more robust customer support service for its public cloud infrastructure platform today called Mission Critical Services, aimed at customers wanting to ensure that their most critical business applications will never fail. Google Cloud Customer Experience Vice President John Jester told SiliconANGLE that some of Google’s cloud customers have extremely demanding environments, ...
Cisco updates Silicon One family of network chips with speedy new switching device
Cisco Systems Inc. today is updating its family of Silicon One semiconductors used in next-generation 5G network switches and routers. The new processors include a high-end chip designed to enable “web-scale” switching at unprecedented speeds, boasting an industry-first maximum bandwidth of 25.6 terabytes per second. Cisco debuted its Silicon One chip architecture back in December 2019, ...
Sumo Logic beats earnings targets but stumbles on soft sales guidance
Cloud analytics software provider Sumo Logic Inc. beat expectations with strong fiscal fourth-quarter results today, but the company’s stock promptly fell in after-hours trading after a soft sales forecast for the year ahead. The company reported a loss before certain costs such as stock compensation of 7 cents per share on revenue of $54.2 million. That ...
Asana’s stock rises on another strong earnings beat
Project software provider Asana Inc. saw its stock rise today after reporting fiscal fourth-quarter financial results that beat expectations. The company reported a loss before certain costs such as stock compensation of 22 cents per share on revenue of $68.4 million, up 57% from one year ago. Wall Street had been modeling a loss of ...
Cloudera’s stock tanks on lower guidance despite strong earnings results
Big data pioneer Cloudera Inc. saw its stock lose more than 10% of its value in late trading today after offering revenue guidance for the next quarter and full year that came in far below analysts’ expectations. It followed a strong fourth-quarter performance in which the company beat Wall Street’s targets by a good margin. ...
NetApp brings data portability to Kubernetes apps with Astra
Data storage giant NetApp Inc. is delivering on its vision of Kubernetes application portability with the launch of a new service in general availability today. The company is billing NetApp Astra as a fully managed, application-aware data management service for Kubernetes-based apps. It’s aimed at helping enterprises protect, recover and move their applications deployed on ...
Data privacy startup DataGrail raises $30M in Series B funding
DataGrail Inc.’s data privacy compliance offering has gotten the attention of venture capitalists, as the company today said it has raised a new $30 million funding round. DataGrail said the Series B round was led by Felicis Ventures, with participation from Next47, the venture capital arms of software-as-a-service companies HubSpot Inc. and Okta Inc., plus ...
Aqua Security reaches ‘unicorn’ status with $135M late-stage funding round
Cloud-native security provider Aqua Security Software Ltd. has just become the latest startup to achieve “unicorn” status after landing a big funding round that takes its value north of the $1 billion mark. The company said today it has raised $135 million in a Series E round of funding, bringing its total amount raised to ...
Qualtrics delivers first quarterly results since stock market debut
Experience management software provider Qualtrics International Inc. today reported its first quarterly financial results since going public in January, beating expectations on profit and posting revenue that was in line with analysts’ forecasts. The company reported a fourth-quarter loss before certain costs such as stock compensation of 2 cents per share on revenue of $213.6 ...
