Mike Wheatley
Latest from Mike Wheatley
Cloud analytics firm Sumo Logic delivers earnings beat
Cloud analytics software provider Sumo Logic Inc. just managed to beat expectations for its fiscal second-quarter results today, but the market was less than impressed as its stock fell sharply in after-hours trading. The company reported a loss before certain costs such as stock compensation of 11 cents per share. Revenue came to $58.8 million, ...
Box CEO Aaron Levie defeats Starboard’s bid to oust him
Activist investor Starboard Value LP has failed in its bid to oust Box Inc. co-founder and Chief Executive Aaron Levie and two other directors from the company’s 10-person board. The three directors easily beat Starboard’s candidates in a shareholder vote that followed months of posturing by both sides, the company announced today at its annual ...
Dell doubles down on ransomware protection with new software and services
Dell Technologies Inc. is stepping up to the challenge of helping organizations protect themselves against the rising threat of ransomware. It announced the launch of new software and services today that help accelerate virtual machine backup data availability, simplify the management of large data sets and ensure business continuity during cybersecurity recovery operations. Ransomware, the ...
Amazon EKS Anywhere launches into general availability
Amazon Web Services Inc. today announced that its Amazon EKS Anywhere service is generally available now. The service is an extension of the Amazon Elastic Kubernetes Service, which is a managed offering that makes it possible to run Kubernetes on AWS without needing to install, operate and maintain a Kubernetes control plane or nodes. With ...
Couchbase misses targets in its first-ever earnings report and its stock crumbles
Database software maker Couchbase Inc. saw its stock crumble away in after-hours trading after reporting a bigger-than-expected loss in its first earnings call since listing on the Nasdaq exchange in June. The company reported a fiscal second-quarter loss before certain costs such as stock compensation of $1.54 per share on revenue of $29.7 million, up ...
FireMon buys DisruptOps and welcomes back its former CEO
Network security policy management startup FireMon LLC is welcoming its former chief executive officer back into the fold as it expands into risk monitoring and incident response with the acquisition of fellow startup DisruptOps Inc. FireMon sells tools aimed at making firewalls more effective at blocking threats. Firewalls work by blocking suspicious network traffic from reaching ...
Palo Alto Networks adds Prisma Cloud tools to isolate application containers for security risks
Network security specialist Palo Alto Networks Inc. today updated its Prisma Cloud offering that’s used by enterprises to secure hybrid and multicloud environments. New features unveiled today include an advanced container image sandboxing capability the company said helps protect against container security risks. Prisma Cloud is a service that enables developers to block vulnerabilities they discover ...
Car connectivity startup Aviva raises $26.5M in new funding
Automotive connectivity startup Aviva Technology Holding has driven itself into the limelight today, announcing a $26.5 million funding led by the founders of chipmaker Marvell Technology Group, Dr. Sehat Sutardja and Weili Dai. Other prominent semiconductor industry investors also took part in the Series A round, bringing Aviva’s total amount raised to more than $33 ...
Coupa’s strong revenue growth drives surprise earnings beat
Payments technology provider Coupa Software Inc. saw its stock jump more than 5% in after-hours trading today as it posted a surprisingly strong fiscal second-quarter earnings beat thanks to impressive revenue growth. The company reported a profit before certain costs such as stock compensation of 26 cents per share on revenue of $179.2 million, up 42% ...
UiPath stock drops despite strong earnings beat and customer growth
Automation software company UiPath Inc. saw its stock slide almost 8% in extended trading today despite posting strong second-quarter financial results that topped expectations and raising its full-year guidance. The company reported a profit before certain costs such as stock compensation of a penny a share on revenue of $195.5 million, up 40% from a year ...