I usually do not trouble subscribers with commentary regarding the results of a company that preannounced most significant results. That said, the results just announced on Monday morning were a further beat in terms of revenue, and a more significant beat in terms of both non-IFRS EPS and free cashflow. The main reason for what…
I have been asked by several subscribers about the lawsuit recently filed by Slack against IBM. Slack shares have been somewhat weak since the time the lawsuit was filed. They fell 7.4% last week, and they are down by 13% since they made a high about 1 month ago. That compares to a break-even result…
We have sold the remaining 40 share position we had in Trade Desk at $426.50. The sale realized proceeds of $17,060. That brings our cash balance to $84,689. That is 15.6% of the value of the portfolio as of last Friday, July 17 and is part of our strategy to reduce our invested percentage. The…
We are making the following changes in the high growth portfolio, effective today, July 23, 2020. We are selling an additional 125 shares of our Alteryx position at $171 which has yielded proceeds of $21,375 and we have sold 110 shares of our Atlassian position at $194.50 which has yielded proceeds of $21,395. The two…
Summary Jamf is a new issue scheduled to start trading later this week. The company has created a series of infrastructure solutions for Apple Macs. It is by far the leader in the space of Mac specific infrastructure software. The company has been achieving 40% growth for some time now despite a transition from perpetual…
Summary Sprout Social is a leader in the category of Social Media Marketing Management. The company has an extensive, and quite sophisticated set of tools that can be used to measure the efficacy and reach of social media marketing campaigns. The company is a recent IPO, but it has nowhere near the valuation of many…
I wrote about the then impending IPO of nCino shares a couple of week ago. At the time, I thought the market cap could be as much as $4.5 billion. Boy was I wrong. While the company sold its shares for $31, the current market has the shares quoted at $82 and they have been…
Can you believe it? Nutanix tops a CIO usage survey I obviously am unable to conduct surveys I have a small business with a decent body of subscribers that I do the best I can to support. But one thing I haven’t wither the resources or the disposition to undertake is the user surveys that…
In the distant past-say maybe 6-7 years ago, the period before earnings season was particularly tense for analysts. We would wait after the close to see which company if any had been forced to preannounce. Most quarters there was typically some high-profile casualties. With the broad adoption of SaaS consumption models for software procurement, there…
Summary BILL.Com has become the leader in automating A/P’s and A/R’s for smaller enterprises. It currently has 91,000 customer; its market space is said to be composed of 6 million potential users. The company has achieved strong growth, above forecast levels since BILL went public about 7 months ago. The company has view competitors with…