Mike Wheatley
Latest from Mike Wheatley
Cloud communications pioneer RingCentral Inc. closed its fiscal 2021 year with a flourish, posting strong fourth-quarter results that beat expectations on earnings and issuing a fairly bullish outlook for the quarter and year ahead. The company announced a net loss of $118.3 …
Business automation software firm Appian delivers strong earnings beat, sending stock up
Business process automation firm Appian Corp. made strong gains today, its stock rising more than 12% in after-hours trading following a solid earnings and revenue beat. The company reported a fourth-quarter net loss of $25.8 million, compared with a net loss of …
Dropbox delivers strong earnings and first full year of profitability
Cloud file storage pioneer Dropbox Inc. today posted fourth-quarter financial results that topped Wall Street’s expectations, but it wasn’t enough to prevent its stock from falling slightly in extended trading. The company reported net income for the quarter of $124.6 million, a …
Post-subscription SaaS billing startup Subskribe launches with $18.4M in funding
Software-as-a-service billing startup Subskribe exited stealth mode today, armed with $18.4 million through its initial seed and Series A funding rounds and what it says is the world’s first adaptive quoting and billing platform for modern SaaS companies. The Series A round …
Subterranean mapping startup Exodigo launches with $29M in seed funding
Self-styled “nonintrusive subsurface mapping” platform provider Exodigo Ltd. is launching today after closing on a fairly hefty $29 million seed funding round. Zeev Ventures and 10D Ventures led the round, with participation from SquarePeg Capital, JIBE Ventures, Tidhar Construction Ltd., Israel Canada …
Pegasystems’ stock falls as it misses earnings and revenue targets
Business process management software firm Pegasystems Inc. saw its stock fall in after-hours trading today after posting fourth-quarter results that missed Wall Street’s expectations. The company reported a net loss of $37.2 million in the quarter. Earnings before certain costs such as …
Informatica delivers mixed results in its first post-IPO earnings report
The enterprise data management firm Informatica LLC delivered mixed results today in its first earnings report since returning to the public markets in October, sending its stock down almost 6% in extended trading. The company reported earnings before certain costs such as …
Nvidia delivers strong fourth-quarter results in wake of Arm deal collapse
Computer graphics chipmaker Nvidia Corp. reported strong fourth-quarter results today, beating expectations one week after its bid to acquire rival Arm Ltd. for $66 billion fell through. The company reported net income of $3 billion, or $1.18 a share, with earnings before certain …
Amazon to expand the edge of its cloud globally with 32 international AWS Local Zones
Amazon Web Services Inc. today announced the completion of the first 16 of its new AWS Local Zones in the U.S., along with plans to establish yet more in 32 metropolitan areas across 26 countries around the world. It’s a big deal …
DevOps startup Shoreline brings multicloud incident automation to AWS, Azure and Google Cloud
Incident automation startup Shoreline Inc. announced today the general availability of its platform on the “big three” public clouds, Amazon Web Services, Microsoft Azure and Google Cloud. With its launch, Shoreline said, it’s helping ease the burden on site reliability engineers and …