The good news for long-term software growth

by Ana Lopez

There is gold in all those non-tech industries!

While the company As the market continues to process a new reality, the businessupdates.org+ crew has been very focused on software revenue. Why are we tracking earnings results for Q4 2022 in March 2023? Because many software companies have fiscal calendars that end on January 31 of each year. That means they report their results a bit later than other companies, leading to some delay in figuring out how much of the top startup public compositions are performing.


Hello friends, Alex here. Anna is out this weekend, but we expect her back soon. Many thanks to her for letting me write the Exchange newsletter for you today. It’s great to be back!


As always, we’re looking at public tea leaf market data that we can relate to the relatively opaque private market companies we cover here at businessupdates.org.

Plagued by outside criticism regarding its cost structure and pressure from investors regarding its growth rate, Salesforce beat expectations in its underperforming results and predicted greater profitability. Okta was another standout reporter of the week, exceeding expectations and providing guidance that investors liked.


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