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Fortinet outpaces Wall Street estimates, brings in $867 million revenue for Q3
Nov 04,2021
Fortinet handily beat Wall Street estimates on Thursday, reporting a strong third quarter growth thanks to an expansion in business from the Asia-Pacific region. Fortinet delivered third quarter revenue of$867.2 million, up 33% from a year ago. For t...
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Bitfury hires former US acting comptroller of the currency as its CEO
Nov 04,2021
Bitfury Group has appointed Brian P. Brooks, the former US acting comptroller of the currency from May 2020 to this past January, as its chief executive officer. The Amsterdam-based mining and crypto tech leader said today that Brooks will lead the 1...
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GoDaddy Q3 strong as it eyes point-of-sale, omnichannel commerce
Nov 03,2021
GoDaddy reported better-than-expected third quarter results with strong revenue growth across its domains and business applications units. The company reported third quarter earnings of$97.7 million, or 58 cents a share, on revenue of$964 million, up...
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Hubspot drops 5% despite Q3 revenue, EPS beat, higher forecast
Nov 03,2021
Go-to-market software pioneers HubSpot this afternoon reported Q3 revenue and profit that both topped Wall Street's expectations, and an outlook that was higher as well.  Despite the positive report, Hubspot shares declined 5% in late tradi...
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Equinix reports Q3 revenue of $1.67 billion
Nov 03,2021
Digital infrastructure company Equinix reported third-quarter revenue slightly under market expectations, with record bookings across the company. GAAP net income for the quarter came to$152 million million or$1.68 per share. Quarterly revenues incre...
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TikTok bandwidth provider Fastly beats Wall Street expectations for Q3
Nov 03,2021
Shares of content distribution networker Fastly, which hosts traffic for the TikTok app, shot up in late trading after the company reported Q3 revenue that beat Wall Street's expectations.  Revenue in Q3 rose 23%, year over year, to$87 million, ...
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Roku CFO: Supply chain disruption will affect TV market through the holiday season
Nov 03,2021
Advertising-based video-on-demand pioneer Roku this afternoon reported Q3 revenue that missed Wall Street's expectations, but a net profit that was substantially higher than expected, and an outlook for this quarter's revenue that was lower than expe...
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Coursera narrowly beats Wall Street estimates for Q3 as education companies struggle with enrollment downturn
Nov 02,2021
More Education Back to school: The top deals on essential tech for students Our favorite free online tech courses with certificates The pandemic's surprising impact on K-12 computer science education The best information technology bootcamps No...
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Fiverr acquires freelance management platform Stoke Talent for $95 million
Nov 02,2021
Fiverr announced on Tuesday that it is acquiring freelancer management platform Stoke Talent for$95 million.  Stoke Talent is an all-in-one solution that provides companies with a platform to onboard and pay freelancers while also tracking budge...
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US Treasury working group wants stablecoin issuers to be regulated like banks
Nov 01,2021
Image: Getty Images A US Treasury-led working group has called for stablecoin issuers to be regulated as if they were banks after it concluded that the digital asset posed many risks to users despite the potential value it could provide. ...
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Arista beats expectations for Q3, brings in $748.7 million
Nov 01,2021
Arista Networks, which provides networking for large data center and campus environments, reported better-than-expected third quarter financial results on Monday.  Non-GAAP net income for the third quarter was$236.9 million, or$2.96 per diluted ...
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Westpac boasts 138% FY21 net profit bump as 'outstanding issues' continue to be fixed
Oct 31,2021
Westpac has reported that the company performed strongly for the 2021 full year as it continued to simplify its business and fix outstanding issues, such as IT complexity. The red and white bank closed the 2021 financial year with net profit of AU$5....
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