SAP

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…

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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…

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Thursday’s price action has seen some consolidation in the IT sector after a halcyon performance on Wednesday. No more than anyone else, I have no idea if the bottom is in-I hope it is, and I have made my portfolio bets that way, but sentiment in the last few weeks has been like quicksilver. Sometimes…

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SAP SAP preannounced the results of its fiscal Q3 Friday morning. The results were a rather noticeable upside, and even though the details were sparse, the headlines alone were enough to drive the share up by 9.5%. SAP is a holding in our income/stability portfolio, and for the most part it has been a stable…

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Three up and Three In-A brief discussion of the first 3 names releasing earnings this season (SAP, MANH, and Dassault (DASTY) The first three companies that I cover in the IT space have reported their results. The result in all cases were strong-well ahead of prior expectations-and commentary from the companies was quite supportive in…

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Sometimes it seems like consolidators are picking up companies at such a rapid pace that they must be playing that kind of a game. Since yesterday, SAP announced it would be buying Qualtrics at a rather fantastic valuation, Apptio is getting bought by a private equity firm called Vista Partners,  again at what appears to…

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Summary Microsoft reported another blow-out quarter last week. The company handily exceeded prior consensus estimates for revenues and EPS and most analysts raised forward estimates and price targets. Azure revenues continue to outperform and rose 85% in constant currency, again, out-growing AWS on a percentage basis. Other major stars last quarter were gaming with 39%…

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SAP

Yesterday, SAP released the results of its fiscal Q2. SAP has long been part of our income/stability portfolio and it remains so, regardless of the issues that some had with the company’s quarterly report. The shares decreased by a bit less than 4% yesterday which leaves the ADR’s up by just 4% on a YTD…

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SAP earnings; Box lauded at the Sohn Conference; Whale Rock Capital takes 6% position in Alteryx shares I received several questions yesterday regarding Box. The shares spiked yesterday-up by 11% at the close and look to be opening a bit higher this morning. The spike came in the wake of a prominent hedge fund manager’s…

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