Splunk is a company that while not amongst the names in our high-growth portfolio, deserves consideration in any high growth tech portfolio. As readers know, we limit the names in the portfolio to 11-12, which means we do not get to invest in all of the names that make sense. Splunk happens to fall in…
Salesforce reported the results of its fiscal Q4 the end of last week. We do not include the company in our model portfolio primarily because of its very slow path to GAAP profitability and the very high level of dilution resulting from its enormous use of stock-based comp. On the other hand, we cover the…
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Nutanix reported the results of its fiscal Q2 that ended 1/31 on Thursday evening. Once again, the company produced very strong results with several impressive wins, including the company’s first transaction worth more than $10 million. Nutanix shares are seen by some as expensive and have been seen by others as vulnerable during its transition…
Veeva reported very strong financial results for its Q4. As is typical for this company, results beat consensus expectations significantly, and what is not as typical for this company guidance for the full-year of 2018 was raised quite substantially. The shares have rallied-they are up 6% pre-market and are closing in on the $68 high…
This morning, Ubiquiti disclosed in a filing that it was a subject of an SEC subpoena relating to “metrics relating to the Ubiquiti community, accounting practices, financial information, auditors, international trade practices, and relations with distributors and various other third parties.” The SEC has obviously been made aware of the spurious allegations of Andrew Left…
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Summary NetApp announced the results of its fiscal Q3 last week. Simply put, the results were a blow-out and the company increased its outlook for Q4 revenues. The shares pulled back sharply – close to 10% in the immediate wake of the release. At this price, the shares are on sale and valuation is very…
Summary Last week, Twilio held its analyst day but the shares showed little reaction. The company’s shares fell sharply last month, despite what might have been viewed as a decent quarter. Twilio shares have not attracted positive investor notice since the company announced that Uber was essentially de-emphasizing its usage of Twilio infrastructure. Outside of…
Summary Twilio reported results of its fiscal Q4 last week. The company achieved exceptional growth in Q4 – particularly after adjusting for the “Uber” impact, and saw some operating leverage. The company increased its forward guidance, although it seemingly was quite restrained in its forecast. Gross margins ran a bit ahead of prior forecasts, suggesting…