Mike Wheatley
Latest from Mike Wheatley
MongoDB crushes forecasts with earnings results and its stock jumps
Databases are in vogue and that means MongoDB Inc.’s hot streak continued as it posted yet another earnings beat in its second-quarter results today. The company reported a loss before certain costs such as stock compensation of 24 cents per share on revenue of $198.7 million during the period, up an impressive 44% from a year ...
Strong momentum drives Broadcom to earnings beat
Chipmaker Broadcom Inc. said it expects to see momentum in the semiconductor industry keep gaining pace until the end of the year, after publishing strong third-quarter financial results that beat expectations. The company reported earnings today before certain costs such as stock compensation of $6.96 per share on revenue of $6.78 billion, up 16% from ...
Tableau’s latest release adds new tools for scaling up data analytics
Tableau Software LLC, a Salesforce.com Inc. company, is adding new capabilities to its platform today to help companies better scale up their data analytics operations. The company is framing Tableau 2021.3 as a major new release that’s meant to help organizations better manage the “data chaos” that exists today and ensure superior governance of data ...
Enterprise AI software firm C3 AI delivers mixed earnings results and its stock falls
Enterprise-focused artificial intelligence software firm C3 AI Inc. reported mixed fiscal first-quarter results today and was punished in after-hours trading as its stock lost more than 8% of its value. The earnings report comes at a time when C3 AI is working hard to build out its partner and go-to-market ecosystem, and a key part ...
Customer momentum and rising revenue help Asana to another earnings beat
Team collaboration software provider Asana Inc. beat expectations as it reported its second-quarter financial results today, driven by a growing customer base that’s spending more money on its products. The company reported a second-quarter loss before certain costs such as stock compensation of 23 cents per share on sales of $89.5 million, up 72% from ...
Record billings and revenue drive Nutanix stock gains
Hyperconverged infrastructure company Nutanix Inc.’s stock is rising today on fiscal fourth-quarter results that topped expectations on both revenue and profit, not to mention a promising outlook for the next quarter. The company reported a loss before certain costs such as stock compensation of 26 cents per share on revenue of $390.7 million, up 19% ...
Anima gets $10M in new funding to eliminate friction in app design
Design-to-code platform startup Anima App Inc. announced today it has raised $10 million in an early-stage funding round, giving it fresh impetus in its mission to boost collaboration between application designers and developers. MizMaa Ventures led the Series A round in Israel-based Anima, which also saw participation from INcapital and Hetz Ventures. Founded in 2017, Anima ...
Customizable RISC-V chip startup Ventana exits stealth with $38M in funding
Custom silicon startup Ventana Micro Systems Inc. is emerging from stealth mode today and it’s armed with a fair bit of cash after raising $38 million in a new round of funding. The Series B round was led by Sehat Sutardja and Weoli Dai, founders of the prominent U.S. chipmaker Marvell Technology Inc., together with ...
Business planning firm Anaplan’s stock leaps on strong results
Shares of enterprise planning company Anaplan Inc. gained more than 14% in extended trading today after it posted a smaller-than-expected loss and followed up with strong guidance for the next quarter. The company reported a fiscal 2022 second-quarter loss before certain costs such as stock compensation of 9 cents per share on revenue of $144.3 ...
CrowdStrike keeps growing, beating expectations, but losses mount and stock falls
Cybersecurity firm CrowdStrike Holdings Inc. saw its stock fall today despite posting solid second-quarter financial results, beating expectations with strong growth from subscription customers and posting bullish guidance. The company reported a profit before certain costs such as stock compensation of 11 cents per share on revenue of $337.7 million for the quarter, up 70% from ...