5) Zuora enjoyed a reasonable quarter which was better than feared and its share price was able to rise-although not by terribly much. Compared to most other software vendors, the shares have been languishing, with appreciation of just 20% since May 1st. It was the fact that the shares had not seen any substantial anticipation…
This has been a week in which the tempo of corporate news has simply overwhelmed the ability of your writer to keep up with the earnings releases and conference calls. I honestly do not urge people to trade on quarters-it rarely works out well. And in this time of the virus, mood swings can serve…
The last 4 days of market activity have been more mixed than the activity of the prior several weeks. Issues that might not have exercised investors in the past several weeks such as the contretemps regarding the HK security legislation, appeared to move the market. That said, there was still plenty of room for the…
Summary Nutanix reported the results of its 3rd fiscal quarter on 5/27. The results were a beat-even compared to the preannounced results that were presented in early May. The results were ahead of the guidance presented before the impact of Covid-19 on the economy were incorporated in the company’s forecast. The company was able to…
Anaplan (PLAN)-Another difficult quarter with sales results impacted significantly by the economy Anaplan reported the results of its fiscal Q1 on Monday before the opening. I suppose some investors have forgotten that there is still a pandemic upending the economy and that overall, the economy is still in the throes of a deep contraction. The…
Summary Workday will be announcing the results of its fiscal Q1 (ended 4/30/30) this Wednesday, May 27th. At this point, expectations are muted reflecting the extent to which WDAY’s fortunes are correlated with employment and the acquisition of new users. Last quarter saw a material inflection for the company, with its RPO metric climbing 15%…
Summary Health Catalyst reported the results of its fiscal Q1 (ended.3/31) last week. The results were above expectations on both the top line and the earnings line. Usage of the company’s DOS platform, the heart of the company’s IP has jumped sharply during the pandemic. Some new customers are delaying implementation and putting off consulting…
We have held Nutanix shares in our high-growth portfolio, seemingly forever. The shares have been one of the worst performers so far in 2020. The shares, even after today’s pop, have lost 25% so far this year-and that is very painful given the performance of both the IGV index and the cloud, and so far…
Fastly shares are up a bit more than 3% as of noon as I write this-although the shares have pulled back from earlier highs. That may not seem so unusual until readers contemplate that the company announced a secondary last evening. The secondary is not a really worrisome thing. In my view it is another…
Trying to make sense of Datadog’s valuation Making sense of hyper-growth valuations is a fraught undertaking. The problems are manifold in that no one has any real idea as to when the hyper growth phase of a story ends. That would be true even if there were no pandemic, and work-from-home orders. But in this…