Software Industry
7 stories related to this topic, newest first.
Palantir Customer Base Grows 31% Year-on-Year to Reach 615 in US Commercial Segment
Palantir reported significant growth in its customer account base, expanding 31% year-on-year and 6% sequentially. The U.S. commercial customer count hit 615, up 42% from the previous year and 8% from the prior quarter. The company anticipates rising expenses in 2026 while commit…
Atlassian Shares Jump Over 28% After Q3 Earnings Beat Wall Street Expectations
Atlassian reported fiscal third-quarter earnings that surpassed analyst estimates, with adjusted earnings per share of $1.75 and revenue of $1.79 billion. The software company's cloud and data center segments showed strong growth, prompting a significant stock surge. CEO Mike Can…
Europe's Biggest Software Company Reports Cloud Revenue Growth Beating Estimates
Europe's biggest software company announced revenue growth from its cloud services that exceeded analysts' estimates. This followed the integration of artificial intelligence agents into the services. The development highlights ongoing advancements in AI integration within the so…
ServiceNow Tops Q1 2026 Earnings Estimates and Lifts Guidance, But Shares Fall 12%
ServiceNow reported first-quarter 2026 earnings that exceeded consensus estimates on revenue and profit, prompting the company to raise its full-year guidance. Despite the positive results, shares fell 12% following the announcement. CEO Bill McDermott highlighted AI-driven produ…
ibtimes.co.ukUS Private Equity Firms Increase Exposure to Software and Technology Services Deals
Private equity firms in the United States have doubled the share of their deals targeting software and technology services companies over the past 15 years. This sector now accounts for 49% of all private equity deals, approaching a near-record level. Firms have invested hundreds…
SemaforShares of Software Companies Decline Amid AI Advances in Data Processing
Shares of software companies focused on data processing have declined as artificial intelligence models from major tech firms expand into this area. Semafor reported that AI powerhouses are competing with established data processing providers. The development affects companies se…
Perforce Software Agrees Debt Restructuring Deal with Junior Lenders
Perforce Software has reached an agreement with a group of junior lenders to extend repayment deadlines for its debt obligations. The deal permits these lenders to gain seniority in the creditor hierarchy. This arrangement addresses upcoming debt maturities reported by @business.