Endor Labs 构建工具来扫描 AI 生成的代码以查找漏洞，4月23日 宣布完成9300万美元B轮融资（总融资达1.63亿美元），由DFJ Growth领投，Salesforce Ventures等跟投，估值较A轮"高出几个数量级"。 Endor 目前有 133 名员工，主要分布在帕洛阿尔托和班加罗尔的办公室。 公司的CEO Badhwar 表示，本轮融资对 Endor 的估值比其 A 轮估值 " 高出几个数量级 " 。他补充说，所得款项将用于扩展 Endor 的平台。 B 轮融资使这 家初创公司的总融资额达到 1.63 亿美元。 " 新一轮融资使我们能够继续交付产品，即使在比 5 到 10 年前同类公司面临的更严峻的宏观环境中， "Badhwar 告诉 TechCrunch 。 " 我们现在加息是因为 我们看到了强劲的势头 —— 自 2023 年 A 轮融资以来，年度经常性收入增长了 30 倍 —— 这使我们能够加倍努力为客户提供成果。 " AI 生成的代码无疑正在改变软件的构建方式，但它也带来了新的安全挑战。根据开发人员安全平台 Synk 在 2023 年底的一项调查，超过 50% 的组织有时 会或 ...

Core Insights - Endor Labs has developed tools to scan AI-generated code for vulnerabilities and recently completed a $93 million Series B funding round, bringing total funding to $163 million, with a valuation significantly higher than its Series A round [1][2]. Funding and Growth - The company has 133 employees primarily located in Palo Alto and Bangalore [2]. - CEO Badhwar indicated that the Series B funding allows Endor to continue delivering products despite a challenging macro environment, with annual recurring revenue increasing 30 times since the Series A funding in 2023 [2][5]. - The funding will be used to expand Endor's platform [2]. Market Opportunity - Endor initially focused on protecting open-source package dependencies but shifted its focus to address the growing demand for identifying vulnerabilities in AI-generated code [3]. - The platform not only reviews code and identifies risks but also recommends precise fixes and can automatically apply them [3]. Product Offerings - Endor has launched a tool to help organizations discover where AI models and services integrate with their codebases and assess potential security vulnerabilities [4]. - The company claims to protect over 5 million applications for clients such as OpenAI, Rubrik, Peloton, Snowflake, Egnyte, and Dropbox, conducting over 1 million scans weekly [4]. Industry Context - DFJ Growth's partner Ramin Sayar noted that Endor is positioned well as generative AI changes coding practices, creating a need for visibility and control in code generation [6].

Company Performance - Dropbox (DBX) closed at $27.24, with a +0.41% change from the previous day, outperforming the S&P 500's gain of 0.16% [1] - Over the past month, Dropbox shares gained 3.31%, while the Computer and Technology sector lost 5.94% and the S&P 500 lost 3.59% [1] Earnings Projections - Dropbox is projected to report earnings of $0.62 per share, reflecting a year-over-year growth of 6.9%, with quarterly revenue estimated at $619.06 million, down 1.94% from the previous year [2] - For the full year, earnings are estimated at $2.54 per share and revenue at $2.47 billion, showing changes of +2.01% and -2.9% respectively from the prior year [3] Analyst Estimates - Recent changes to analyst estimates for Dropbox indicate short-term business trends, with upward revisions suggesting analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which incorporates estimate changes, currently ranks Dropbox as 1 (Strong Buy), indicating strong potential for stock performance [6] Valuation Metrics - Dropbox has a Forward P/E ratio of 10.67, significantly lower than the industry average of 20.69, suggesting it is trading at a discount [7] - The PEG ratio for Dropbox is 0.93, compared to the industry average of 1.35, indicating favorable valuation relative to expected earnings growth [7] Industry Context - The Internet - Services industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 151, placing it in the bottom 40% of over 250 industries [8] - Historical data shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]

Company Performance - Dropbox's stock closed at $26.39, reflecting a +0.42% change from the previous session, outperforming the S&P 500's daily loss of 1.07% [1] - Over the past month, Dropbox shares have decreased by 19.83, while the Computer and Technology sector and the S&P 500 have lost 11.12% and 7.03%, respectively [1] Earnings Forecast - The upcoming earnings report for Dropbox is anticipated to show an EPS of $0.62, representing a 6.9% growth compared to the same quarter last year [2] - Revenue is expected to be $619.06 million, indicating a 1.94% decline from the year-ago quarter [2] Annual Estimates - For the entire year, the Zacks Consensus Estimates predict earnings of $2.54 per share and revenue of $2.47 billion, reflecting changes of +2.01% and -2.9% compared to the previous year [3] Analyst Projections - Recent shifts in analyst projections for Dropbox are important as they indicate changing near-term business trends, with positive revisions suggesting analysts' confidence in the company's performance [4] Stock Performance Correlation - Research indicates that adjustments in earnings estimates are directly linked to imminent stock price performance, with the Zacks Rank model providing actionable ratings based on these changes [5] Zacks Rank - Dropbox currently holds a Zacks Rank of 1 (Strong Buy), with the consensus EPS estimate having increased by 6.09% over the last 30 days [6] Valuation Metrics - Dropbox is trading at a Forward P/E ratio of 10.34, significantly lower than the industry average of 21.64, indicating a discount [7] - The company's PEG ratio is 0.9, compared to the industry average of 1.34, suggesting favorable valuation relative to expected earnings growth [7] Industry Context - The Internet - Services industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 159, placing it in the bottom 37% of over 250 industries [8] - The top 50% rated industries tend to outperform the bottom half by a factor of 2 to 1 [8]

Core Viewpoint - Semtech Corporation (SMTC) reported strong fourth-quarter fiscal 2025 earnings, leading to a 21.06% increase in share price to $39.60, driven by operational efficiency and effective expense management [1][2]. Financial Performance - SMTC's non-GAAP earnings for Q4 fiscal 2025 were 40 cents per share, exceeding Zacks Consensus Estimate by 25% and management's guidance of 32 cents, significantly up from 6 cents in the same quarter last year [2]. - The company's revenues for Q4 fiscal 2025 reached $251 million, beating the Zacks Consensus Estimate by 1.25% and aligning with management's guidance of $250 million, reflecting a 30.1% year-over-year growth [3]. Revenue Breakdown - Revenue from the infrastructure market was $69.1 million (27.5% of net sales), showing a 75% year-over-year increase, primarily due to demand for data centers and expansion in the FiberEdge portfolio [5]. - Sales from the industrial market totaled $146.6 million (58.4% of net sales), marking a 21% year-over-year growth [5]. - High-end consumer market sales were $35.4 million (14.1% of net sales), up 10% year over year, driven by strong market demand and contributions from design wins [6]. Product Line Performance - Signal Integrity sales were $72.5 million (28.9% of net sales), up 69.4% year over year [7]. - Analog Mixed Signal & Wireless sales reached $85.4 million (35% of net sales), reflecting a 34% year-over-year increase [7]. - IoT System and Connectivity sales were $93.1 million (37.09% of net sales), up 3.8% year over year [7]. Margin Analysis - The non-GAAP gross margin improved to 53.2%, expanding 430 basis points year over year and 80 basis points sequentially [8]. - The non-GAAP operating margin was reported at 19.9%, compared to 9.2% in the same quarter last year [8]. Balance Sheet and Cash Flow - As of January 26, 2025, cash and cash equivalents increased to $151.7 million from $136.5 million as of October 27, 2024 [9]. - Long-term debt decreased to $505.9 million from $1.19 billion in the previous quarter [10]. - Operating cash flow for the quarter was $33.5 million, while free cash flow was $30.9 million [10]. Future Guidance - For Q1 fiscal 2026, Semtech expects net sales of $250 million (+/- $5 million), indicating a 21% year-over-year growth, with the Zacks Consensus Estimate at $248.80 million [11]. - The company anticipates a non-GAAP gross margin of 53% (+/- 50 bps) and a non-GAAP operating margin of 18.2%, suggesting a 600 basis points year-over-year improvement [12]. - Non-GAAP earnings are projected at 37 cents (+/- 3 cents) per share, compared to the consensus mark of 32 cents, indicating an improvement from 6 cents in the year-ago quarter [13].

Dropbox, Inc. (NASDAQ:DBX) The JMP Securities Technology Conference 2023 March 6, 2023 5:00 PM ET Company Representatives Tim Regan - Chief Financial Officer Conference Call Participants Joey Marincek - JMP Securities Joey Marincek …Software here at JMP. Really excited to have Dropbox present today. With me is CFO, Tim Regan, and we're really excited. How are you doing today, Tim? Tim Regan I'm doing all right, Joey. Thanks for having us. Question-and-Answer Session Q - Joey Marincek So we have a number of ...

Dropbox, Inc. (NASDAQ:DBX) Morgan Stanley Technology, Media & Telecom Conference 2022 March 9, 2022 7:10 PM ET Company Participants Drew Houston - Co-Founder and Chief Executive Officer Conference Call Participants Josh Beer - Morgan Stanley Josh Beer Hi, everyone. My name is Josh Beer, Software Analyst at Morgan Stanley. And we have the pleasure of having the Co-Founder and CEO of Dropbox, Drew Houston here today. Do you have some disclosures? For important disclosures, please see www.morganstanley.com/res ...