Mike Wheatley
Latest from Mike Wheatley
Five9’s stock rises as it beats earnings targets yet again
Call center software provider Five9 Inc. has come up a winner yet again, comfortably beating Wall Street’s targets with its third-quarter financial results and delivering strong guidance on top of that. The company reported a profit before certain costs such as stock compensation of 27 cents per share on revenue of $112 million, up 34% from ...
Despite topping earnings target, Atlassian sees shares plunge on lower guidance
Enterprise productivity software company Atlassian Corp. Plc. saw its share price take a nosedive today despite topping Wall Street’s targets with its first-quarter financial results as its guidance for the next quarter came in somewhat lighter than expected. The Australian company, which sells project management and collaboration software for developers and engineers, including products such ...
Samsung warns of profit decline as demand for memory chips wanes
Samsung Electronics Co. Ltd. said today that its operating profit is likely to decline in the fourth quarter because of weak demand for its memory chips and stiff competition in the smartphone market. The company had just announced a 59% increase in its operating profit, to 12.35 trillion won (around $10.89 billion), in its third ...
Microsoft launches its industry-focused Cloud for Healthcare platform
Microsoft Corp. today launched its first vertical cloud platform for healthcare providers, bundling its Azure cloud infrastructure service with elements of Microsoft 365, Dynamics 365 and Power Platform. The Microsoft Cloud for Healthcare will become generally available at the end of the month. The company said it will make it “faster and easier” for healthcare providers to ...
Subscription revenue growth helps ServiceNow beat earnings expectations
ServiceNow Inc. has delivered another strong quarterly performance today, beating expectations on earnings and revenue with its third-quarter financial results. The company reported a profit before certain costs such as stock compensation of $1.21 per share on revenue of $1.15 billion, up 30% from the same quarter one year ago. Wall Street had expected a profit ...
StackRox open-sources KubeLinter, a tool to identify configuration errors in Kubernetes
Container security and threat detection startup StackRox Inc. is making its first original contribution to the open-source software community today with the release of a new tool designed to identify misconfigurations in Kubernetes environments. StackRox, which raised $26.5 million in funding last month, sells a cloud-based platform that offers continuous advanced threat detection for cloud-native ...
Business intelligence startup MachEye launches with $4.6M in seed funding
MachEye Inc. is hoping to democratize access to business intelligence after raising $4.6 million in a seed funding round led by Canaan Partners. The company said today it has created an intuitive, artificial intelligence-powered BI tool anyone can use that features a Googlelike search interface. Through this, business users of all shapes can ask simple ...
Cisco aims to improve automation and visibility in multicloud environments
Cisco Systems Inc. said today it’s taking another shot at helping customers connect their multicloud environments to their on-premises data centers. The company announced at its virtual Partner Summit a range of new software services aimed at connecting customers’ distributed applications, automate the infrastructure environments they run on, deliver better insights and generally enable more ...
Microsoft Azure to build its first cloud data center region in Taiwan
Microsoft Corp. said today it’s planning to expand into Taiwan with a new cloud data center region. It will also make a “significant investment” in the territory’s local talent, with the aim of developing the digital skills of more than 200,000 people by 2024. Microsoft said the new cloud data center region will host its ...
Juniper Networks’ stock rises as revenue beats Wall Street target
Computer network equipment maker Juniper Networks Inc. delivered solid third-quarter results today, posting earnings that matched Wall Street’s expectations and revenue that beat consensus. The company reported a third-quarter profit before certain costs such as stock compensation of 43 cents per share on revenue of $1.14 billion. Wall Street had forecast earnings of 43 cents per ...
