On Tuesday, ZS, along with Salesforce and Workday reported the results of their quarters that ended October 31st. Given that ZS is part of our high-growth portfolio and is presumably owned by a significant number of subscribers, I am going to review the earnings release and guidance first before moving on to other topics. A…
Summary Dynatrace is another high-growth entry in the observability sweepstakes. The company is achieving accelerating growth with the most recent quarter showing ARR percentage growth accelerating to 44%. The company is quite profitable with free cash flow margin of more than 30%. The company essentially was reborn, in terms of technology about 18 months ago,…
The last IT earnings for November were reported on Tuesday. I am going to review the announcements of ADSK, VMW, and VEEV. Dell, which is a company I do not normally review also reported Tuesday evening. It is large and has many moving parts. It is a company that still is dealing with the turmoil…
Nutanix reported the results of its fiscal Q1 yesterday afternoon. The results were a solid beat. Guidance for Q2 was increased-and as will be discussed the company is forecasting accelerating growth in Q2. At this point, as a measure of prudence, the company did not raise full-year guidance to factor in potentially negative macro headwinds-but…
Summary Ping, a recent IPO, reported a strong quarter recently far exceeding expectations for profitability, cash flow, revenues and ACV increase. The company offers customers alternative solutions in the Identity Management space to Okta and the other stack vendors. The company has specialized in providing identity management solutions for users/customers as opposed to employees and…
Anaplan shares-are they expensive, or are investors still missing what the company offers? Anaplan is another portfolio holding. Currently the shares represent about 6% of our portfolio and have done well over the period we have owned them. We expect to continue to own the shares for the foreseeable future. While notionally, the shares aren’t…
Yesterday, 3 of the companies in our portfolio reported. Two of the earnings reports were gratifying-the third one, not so much. We expect earnings releases on one side of the other of the guided range-we think managing a portfolio is more about a longer-term batting average and less about short-term anxieties about quarterly misses-or for…
This morning, a brokerage called Off-the-Record (OTR) raised its rating on Nutanix shares to positive from neutral. OTR said that “checks indicate an improvement in year over year sales and win rates over the last quarter. Customers, according to OTR are finding the Nutanix HCI solution is simple to deploy and market leadership is helping…
We have owned a 5% position in Wix in our high-growth portfolio. The shares have performed reasonably. But the results of the last quarter were not what we might have hoped for. The shares, after a couple of days are down marginally-about 5% or so. Overall, the shares have held up far better than most…
As noted in earlier posts, we are making some changes to the Income/Stability portfolio which will be reflected when we next send the charts after the close on Nov. 22. Specifically, we have sold 328 shares of Cisco at the closing price as of Thursday, November 14th or $44.91. That sale aggregated proceeds of $14,730. We…