Smartsheet exceeded expectations for the second fiscal quarter, reporting revenue of $ 131.7 million, up 44% year over year, and non-GAAP loss of $ 5.2 million compared to 7.4 million U.S. dollar. The company’s annual recurring revenue topped $ 500 million for the first time as it rides tailwind from accelerating software adoption amid the … Read more
Click to enlarge: Icons on a map represent the places where Factal, based in Seattle, reported relevant incidents worldwide within 24 hours from February 3rd to 4th, 2021. (Factal image) New funding: Factal, the Seattle-based startup that monitors breaking news to help companies assess risk to their business, raised $ 3.3 million in a Series … Read more
Microsoft President Brad Smith. (GeekWire File Photo / Kevin Lisota) Microsoft President Brad Smith isn’t done with the fight against Google yet. In an interview with Bloomberg TV on Wednesday, Smith said that Google violated the concept of the open web and “sucked most of the oxygen out of opportunities for people who stopped creating … Read more
The F5 Tower in downtown Seattle. (GeekWire Photo / Kurt Schlosser) F5 Networks Income: The Seattle-based company posted fiscal first quarter revenue of $ 645 million, up 11% year over year. Non-GAAP earnings per share were $ 2.50 versus $ 2.23. Analysts had expected revenue of $ 635 million and earnings per share of $ … Read more
(GeekWire Photo / Nat Levy) Redfin exceeded analyst expectations for the fourth quarter of fiscal year, posting revenue of $ 244.5 million, up 5% year over year, and earnings per share of $ 0.11. Wall Street expects sales of $ 235 million and earnings per share of $ 0.04. A hot real estate market helped … Read more