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F5 reports $747M in quarterly revenue as stock surges 10%; company names new CFO

GeekWire

(LinkedIn Photo) Shares of F5 were up more than 10% in after-hours trading Monday after the company beat estimates for its fourth fiscal quarter earnings report. The Seattle-based application delivery company reported revenue of $747 million, up 6% year-over-year, and GAAP net income of $165 million, up more than 8% year-over-year.

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Alaska Airlines launches investment arm to support goal of net-zero carbon emissions by 2040

GeekWire

Alaska Airlines on Monday announced the launch of Alaska Star Ventures to invest in new aviation technologies as part of the airline’s goal to reach net zero carbon emissions by 2040. Our filter is how do we get our operation to net zero and what are technologies that can help us along that path,” said Rakow.

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WebMD will pay $75M to acquire employee experience company Limeade

GeekWire

(Limeade Photo) Limeade , the employee experience software company based in Bellevue, Wash., Limeade, founded in 2006, sells software that aims to help companies improve employee well-being and satisfaction. The company made its initial public offering on the Australian Securities Exchange (ASX) in December 2019.

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Amazon’s online store sales dip below 40% of net sales for first time, and other earnings notes

GeekWire

The chart below is what Amazon’s net sales look like in raw numbers over the past several years, broken down into the major business segments reported by the Seattle-based company. Here are the same results, expressed as a percentage of net sales. Here’s how the company defines each segment in its 10Q filing.

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Orbite begins the launch countdown for its commercial astronaut training programs

GeekWire

(Orbite Photo) After getting its start in Seattle and testing its business model in France and Florida, a space travel venture called Orbite is ready to start signing up customers for private-sector astronaut training programs. Prices for the five-night suborbital training program start at $49,500 per person. Just as Spaceflight Inc.

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Microsoft unveils new sustainability steps in effort to remove all carbon produced in company history

GeekWire

Microsoft unveiled a new suite of sustainability initiatives Tuesday as part of its effort to zero-out the carbon debt the company has accrued over its lifespan. The company is investing in 500 megawatts of renewable energy from Sol Systems , equivalent to the energy needed to power more than 70,000 homes in the U.S. ”

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Healthcare company Accolade lays off workers and closes offices

GeekWire

(Accolade Photo) Seattle and Philadelphia area-based primary healthcare company Accolade is cutting its workforce and closing or reducing some facilities, according to a recent regulatory filing. A company spokesperson declined to say how many Accolade workers are affected by the reductions. for $460 million. Losses were $39.9