Latest news with #EnriqueSalem
Yahoo
12-07-2025
- Business
- Yahoo
Atlassian (NasdaqGS:TEAM) Reports Q3 Net Loss Of US$71 Million
Atlassian recently faced a stock price decline of approximately 6% over the last quarter, potentially influenced by multiple corporate developments. The sharp fall can be viewed alongside their Q3 earnings report, which revealed an increase in revenue contrasted by a net loss of $71 million, compared to a profit in the previous year. Additionally, executive board changes, with Karen Dykstra joining as a director following Enrique Salem's resignation, might have further impacted investor sentiment. Despite these shifts, the broader market remained flat in the short term, while annual forecasts predict earnings to grow by 15%. Be aware that Atlassian is showing 1 warning sign in our investment analysis. We've found 17 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Atlassian's recent stock price decline of around 6% over the last quarter highlights potential investor concern linked to executive changes and financial results. With revenue climbing but a net loss of US$71 million compared to last year's profit, these developments have cast uncertainty over short-term prospects. Over the past five years, the company's total shareholder return, including dividends, was 8.19%, offering a broader context to recent stock movements. Over the past year, Atlassian underperformed the US Software industry, which returned 20.6%, alongside a market return of 13%, underscoring challenges in aligning with broader industry trends. News around AI integration and developments in cloud and government services are poised to influence revenue and earnings projections. Long-term revenue growth is anticipated through enhanced product adoption and enterprise uptake, yet near-term revenue trajectories may face hurdles due to elongated deal cycles and cloud migration timing. Analysts forecast Atlassian's earnings to transition into profitability over the next three years, but recent financial disclosures and board changes introduce risks that may impact these forecasts. Despite a current share price of US$219.36, the consensus price target remains higher at US$278.20, suggesting potential growth opportunity if the projected earnings materialize. The valuation report we've compiled suggests that Atlassian's current price could be quite moderate. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:TEAM. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
29-06-2025
- Business
- Business Insider
Rubrik, Inc. Class A (RBRK) Receives a Buy from Citi
In a report released on June 27, Fatima Boolani from Citi maintained a Buy rating on Rubrik, Inc. Class A (RBRK – Research Report), with a price target of $117.00. The company's shares closed last Friday at $87.38. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Boolani covers the Technology sector, focusing on stocks such as Cloudflare, Check Point, and Fortinet. According to TipRanks, Boolani has an average return of 21.1% and a 66.38% success rate on recommended stocks. Rubrik, Inc. Class A has an analyst consensus of Strong Buy, with a price target consensus of $111.06, which is a 27.10% upside from current levels. In a report released on June 25, Robert W. Baird also maintained a Buy rating on the stock with a $110.00 price target. RBRK market cap is currently $16.91B and has a P/E ratio of -30.76. Based on the recent corporate insider activity of 118 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of RBRK in relation to earlier this year. Earlier this month, Enrique Salem, a Director at RBRK sold 700,000.00 shares for a total of $63,763,000.00.
Bahrain News Gazette
24-04-2025
- Business
- Bahrain News Gazette
HYCU® Unveils R-Shield™ to Deliver Total Cyber Resilience Coverage for SaaS, Cloud, and On-Premises IT Environments
Built to Recover from Any Threat to Any App, R-Shield Provides Customers with First of Its Kind Solution to Detect, Protect, and Recover Fragmented IT Boston, Massachusetts, April 24, 2025 (GLOBE NEWSWIRE) — HYCU, Inc., a leader for modern data protection for on-prem, cloud services, and SaaS, and one of the fastest growing companies in the industry, announced Resiliency Shield ( R-Shield ), an industry-first cyber resilience fabric built-in to its award-winning, flagship HYCU Data Resiliency Cloud ( R-Cloud ) data protection platform. With R-Shield, customers now have unparalleled anomaly and ransomware detection capabilities, along with instant recovery to address the risk unprotected data creates for organizations worldwide. As much as 60% of data in use in companies today is unmanaged or left with little proper oversight and security measures to secure it. When coupled with the rise of both external threats due to malicious actors and ransomware and internal threats, organizations with multi-cloud deployments and distributed data face increasing risks that current legacy data protection solutions are unable to address. As much as 80% of attacks today are on fragmented cloud and SaaS applications. R-Shield is designed to protect and provide always-on detection and recovery capabilities for customers that need to combat cyber criminals who exploit fragmented IT environments with purpose-built attacks targeting VMs, data warehouses, finance applications, storage buckets, and git repositories as well as disruption from simple human error. 'Most organizations have data across multiple clouds today and they face a critical gap between traditional backup solutions and comprehensive cyber resilience,' said Enrique Salem, Partner, Bain Capital. 'What we've observed is that protection limited to virtual machines or specific workloads leaves dangerous blind spots across an enterprise's entire data estate. HYCU R-Shield represents exactly the kind of holistic approach that security leaders have been demanding – one that seamlessly integrates detection, protection, and recovery capabilities across all data sources. At Bain, we've consistently emphasized that true security requires this end-to-end perspective, and HYCU's innovation delivers precisely that. R-Shield is poised to fundamentally transform how organizations approach cyber resilience by addressing the costly problem of unprotected data across multi-cloud environments.' 'What's been missing from data protection solutions to date is comprehensive protection for the entire data estate,' said Simon Taylor, Founder and CEO of HYCU. 'Most solutions offer only limited liability protection focused narrowly on VMs, leaving critical parts of the data estate exposed and difficult to recover. At HYCU, we've always had advanced instant recovery capabilities that are patented, and we're now applying this instant recovery technology for quicker detection to ensure cyber resilience is truly being met by enterprise backup and recovery solutions. With R-Shield, we're providing organizations with the ability to protect and recover data that was previously challenging at a minimum or nearly impossible to secure.' R-Shield is a new service available with the latest release of R-Cloud. A comprehensive cyber resilience solution architected and integrated in R-Cloud, R-Shield provides embedded security into every layer of the R-Cloud customer experience. R-Shield brings together advanced detection, fortified protection, and reliable recovery that is always on, always watching, and always ready. HYCU R-Shield, Key Building Block to Comprehensive Cyber Resilience With R-Shield, customers can ensure their application data is always protected, observed, and ready to recover as quickly as possible in the event of an unanticipated outage: Always Protected ensures backups are invisible, impenetrable and available to all workloads: Hardened backup service. Built on a military-grade virtual appliance with DISA-STIG certification. Make backup data invisible. Near-zero footprint with backup data cloaking and an isolated, independent network. No proxy servers, agents, or gateways, with ease of upgrades eliminates vulnerabilities. R-Lock for Immutable Backups : Provides customer-owned, offsite, storage smart and cost-efficient immutable backups for on-prem, cloud, SaaS, and AI/ML workloads, enabling fast recovery from cloud-conscious attacks for data that was difficult to secure before. Always observing helps to detect new applications, anomalies and threats without compromising data governance and control: Active, at Source Malware Detection: Scans near-production copies of virtual data using rule-based and anomaly-driven detection without touching backup storage, with real-time alerts sent directly to customer SIEM systems—all without requiring customers to give up control of their data. SaaS, App-Level and Service Discovery: Customers can instantly visualize as-a-service infrastructure and apps used by department and expose unprotected applications. Anomaly Detection: Continuously monitors for suspicious activities across protected data sources for hybrid and SaaS workloads. Always Ready features help to recover from SaaS supply chain, cloud conscious, and ransomware attacks: Continuous Validation: Ensures backups are viable and ready for restoration, even for complex distributed data environments. Recovery Automation & Choice: Provides flexible, site-level or granular recovery to recover from large-scale supply chain attacks or specific data loss from insider threats. Offline Recovery: Ensures offsite, offline access to cloud and SaaS data —critical protection against supply-chain attacks that traditional solutions cannot address. With HYCU R-Shield, customers can now protect and recover data that was previously difficult to secure, leveraging these capabilities across all their data sources that HYCU protects. This comprehensive solution significantly increases resilience while reducing costs and minimizing the attack window, without requiring the substantial investments typically associated with separate detection infrastructure. For more information on HYCU R-Shield, visit HYCU R-Shield , or join Simon Taylor and Andy Fernandez on Tuesday, April 29 at 10:00 a.m. ET/4:00 p.m. CET for an unveiling webinar, ' Full Stack Cyber Resilience for SaaS, Cloud and On-prem .' For more information on HYCU, follow us on X (formerly Twitter) , connect with us on LinkedIn , Facebook , Instagram , and YouTube . What The Industry Is Saying About HYCU R-Shield 'HYCU R-Shield represents a significant advancement in cyber resilience that addresses the critical challenge of full stack protection for fragmented IT environments across a host of deployments,' said Craig P. Abod, Carahsoft President. 'As organizations face increasingly sophisticated threats targeting their distributed data assets, R-Shield's comprehensive approach to detection, protection, and recovery provides military grade security that today's public sector enterprises and US Federal agencies demand. We're excited to work alongside HYCU and our reseller partners to deliver an innovative and powerful way to rapidly detect malware at the source without data leaving the customer's environment to help organizations secure their entire data estate and maintain business continuity regardless of where their data resides.' 'In soon to be released research from our recent Cube Research Cyber Resiliency Summit , there are fundamental shifts happening in how organizations approach security, resilience, and risk management. Data protection, and backup and recovery in particular, are becoming increasingly important elements in the overall Cyber Resilience framework,' said Christophe Bertrand, Principal Analyst, theCUBE Research . 'HYCU continues to recognize the need to address cyber resilience across an entire organizational IT stack including on-premises, cloud, and SaaS. R-Shield is something that will benefit existing HYCU customers but should be of interest to anyone looking at ways to approach cyber resilience in an effective way for modern data protection.' 'Cyber resilience has been a topic we have been covering for years. It's grown in stature as the prevalence of ransomware attacks has become so prevalent,' said Jerome Wendt, CEO and Principal Analyst, DCIG , LLC. 'However, it's more than just ransomware prevention and detection. Organizations are more concerned about the resilience of their infrastructure, how quickly they can recover, and how quickly resilience is being facilitated with the solutions you are currently using. HYCU R-Shield is a powerful and new way for companies to leverage their existing R-Cloud platform to protect and recover valuable data and applications across not just on-premises but cloud and SaaS as well in a consistent and efficient manner. Credit to the team at HYCU for again driving needed innovation in the industry.' 'It comes as no surprise to organizations today that addressing cyber resilience continues to be the #1 challenge IT departments face and many solutions are just not addressing it effectively,' said Philippe Nicolas, Analyst and Market Observer, Coldago Research . 'Since the introduction of HYCU R-Cloud, the HYCU team has been able to create the building blocks to next-gen cyber resilience that addresses critical data across on-premises, cloud, and SaaS. HYCU R-Shield is the value-added service that takes those building blocks and adds impressive new capabilities to ensure companies can recover their data and effectively address handle threats from malicious actors and rogue insiders. I continue to be impressed by how much HYCU has delivered to address total coverage for cyber resilience in such a short amount of time.' 'Cyber resilience remains a pressing issue for organizations, not because the threat is new, but because the complexity of today's IT environments continues to grow. Businesses now operate across hybrid ecosystems, with critical data spread between on-prem systems, multiple cloud providers, and SaaS platforms,' said Robert Kramer, VP and Principal Analyst, Enterprises Data Technology, ERP & SCM, Moor Insights . 'This is where solutions like HYCU R-Shield stand out as it is designed to address the reality of modern enterprise IT — enabling protection and recovery across environments without forcing companies to bolt together fragmented tools. HYCU's goal is to simplify cyber resilience while covering the full data lifecycle.' 'HYCU continues to address the challenges organizations face in protecting data whether that data is on-prem, in the cloud, or in a SaaS application,' said Chris M. Evans, Principal and Founder, Architecting IT . 'Since the introduction of R-Cloud, a compelling SaaS data protection development platform, the team at HYCU created the foundation for many of the elements in what is now R-Shield. The ability to visualize your data estate, detect anomalies and ransomware, and recover quickly are must haves in any cyber resilience solution. R-Shield is a compelling addition to the R-Cloud platform, and it's a credit to the team at HYCU in creating ways to ensure no data, especially SaaS, is left unprotected.' ### About HYCU HYCU is the fastest-growing leader in the multi-cloud and SaaS data protection as a service industry. By bringing true SaaS-based data backup and recovery to on-premises, cloud-native, and SaaS IT environments, the company provides unrivaled data protection, migration, disaster recovery, and ransomware protection to thousands of companies worldwide. The company's award-winning R-Cloud platform eliminates complexity, risk, and the high cost of legacy-based solutions, providing data protection simplicity to make it the#1 SaaS Data Protection platform. With an industry leading NPS score of 91, HYCU has raised $140M in VC funding to date and is based in Boston, Mass. Learn more at Attachment HYCU R-Shield extends cyber resiliency to HYCU R-Cloud users. Don Jennings HYCU, Inc. 617-791-1710 [email protected] GlobeNewswire Distribution ID 9438305
