Mike Wheatley, Author at SiliconANGLE

Security

Okta beats earnings expectations as work-from-home trends accelerate

By Mike Wheatley Aug 27, 2020

Cloud identity management company Okta Inc. beat earnings expectations in its second-quarter financial results today, but the strong performance wasn’t enough to prevent its stock falling more than 4% in after-hours trading. The company…

Infra

In surprise moves, Nutanix CEO Dheeraj Pandey to step down as Bain Capital steps up

By Mike Wheatley Aug 27, 2020

Data center software and services company Nutanix Inc. caused a bit of a stir today, announcing that Chief Executive Dheeraj Pandey will retire. Pandey (pictured), who co-founded the company 11 years ago, said he…

Infra

Dell enjoys solid earnings beat thanks to remote-work demand surge

By Mike Wheatley Aug 27, 2020

Dell Technologies Inc. delivered a strong second quarter today, reporting financial results that topped expectations thanks to the growth of remote work and demand for educational devices. The company, which sells personal computers and…

NEWS

NetApp’s stock jumps 10% as it tops earnings expectations

By Mike Wheatley Aug 26, 2020

Data storage hardware and services provider NetApp Inc. posted better-than-expected fiscal first-quarter results today, a day after it was reported to have laid off 5% of its workforce. The company, which sells data center…

Big Data

Big-data company Splunk stumbles, missing quarterly revenue target

By Mike Wheatley Aug 26, 2020

Big-data analytics firm Splunk Inc. fell short of Wall Street’s expectations on its second-quarter financial results announced today. The company, which sells software to help enterprises search, correlate, analyze, monitor and report on data…

Cloud

Box delivers solid earnings by growing existing customer accounts

By Mike Wheatley Aug 26, 2020

Shares in Box Inc. rose almost 9% in after-hours trading today after the company reported better-than-expected second-quarter financial results. The cloud storage and file management company reported a profit before certain costs such as stock compensation of 18…

Cloud

Rancher Labs’ K3s becomes the latest CNCF sandbox project

By Mike Wheatley Aug 26, 2020

Container management software company Rancher Labs Inc. said today that its lightweight Kubernetes distribution K3s has been accepted as a sandbox project by the Cloud Native Computing Foundation. Rancher Labs, which was recently acquired…

Cloud

Kong’s API management platform adds hybrid deployment options

By Mike Wheatley Aug 26, 2020

Application programming interface management company Kong Inc. said today it’s updating its flagship Kong Enterprise platform, adding new multicloud and multiregion deployment options,. It’s also offering new native service mesh support that it says…

NEWS

Pure Storage beats earnings forecast but its stock dives

By Mike Wheatley Aug 25, 2020

Pure Storage Inc. saw its stock crash today despite beating expectations with its second-quarter results. The data storage company reported a profit before certain costs of 6 cents per share on revenue of $403.7 million, up…

Cloud

Update: Salesforce lays off 1,000 despite stock jump on strong performance and outlook

By Mike Wheatley Aug 25, 2020

Updated: Salesforce.com Inc. shares jumped almost 12% in after-hours trading today after the company easily beat its second-quarter earnings targets and raised its fiscal 2021 revenue outlook. The company, which is best known for…

Mike Wheatley

In surprise moves, Nutanix CEO Dheeraj Pandey to step down as Bain Capital steps up

Dell enjoys solid earnings beat thanks to remote-work demand surge

Pure Storage beats earnings forecast but its stock dives

Update: Salesforce lays off 1,000 despite stock jump on strong performance and outlook

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