Pagaya’s news release, Impinj prereleases an upside, Answering some questions regarding the Trade Desk Pagaya pre-released some elements of its Q4 operating results and made other corporate announcements of interest before Tuesday’s market opening. In terms of the company’s operational performance, revenue was in line with guidance while adjusted EBITDA exceeded prior expectations and network volume was also greater than…
Sale of 140 shares of Impinj (Entire Position) Purchase of 200 shares of Global One and 100 shares of Veeva We are making some portfolio changes in the Ticker Target High Growth Portfolio. We are selling our position in Impinj. The shares have been a yo-yo in the period since we have owned them. At…
We have made some changes today in the high-growth portfolio. It is not my intention to provide suggestions in the high growth portfolio on a trading basis. I get those things wrong many, many times. There are companies that I should have placed into the high growth portfolio, but haven’t and vice versa. On the…
This week and next week are a seasonal peak in earnings reports for the quarter ending 3/31. I don’t expect to write on every single name in the next few days, but will try to concentrate on those that are interesting or are in one of our two model portfolios. The most interesting story so…
The first few earnings relating to the quarter that ended in December have been published now. They were all beats, and beats in terms of revenue as well as EPS. IBM even managed to post organic growth-although 0.1% is hardly enough to make most investors sit-up and take notice. Thematically, the fact is that last…
Citrix The other day a subscriber asked me if the results of Citrix for this past quarter constituted either an earthquake or a shock? For subscribers unfamiliar with the source of the words in the question, they come from a well-known Cole Porter song of the 1930’s. Part of the song goes, “is it Granada…
It is Tuesday, and time for more earnings to discuss. I think it is fair to suggest that the stronger companies are reporting strong earnings with a significant beat for Shopify which will be discussed below and beats as well by Paycom and Tenable. Twilio which is just reporting now as this is written and…
Impinj Impinj reported its results last evening. The shares have seen a relatively significant negative reaction so far-although they have fallen about 11% as I write this-a more or less typical reaction to earnings in this fraught season. The results were a beat-even compared to the upside pre-announcement release. The guidance was more or less…
Impinj Investing can be a complicated affair. The saga of Impinj is a metaphor for that. One of these days, RFID is going to become a mainstream technology and become broadly accepted. I thought that RAIN, not the kind coming from the sky, but from the standard developed by Impinj and others, would be the precipitating…
A few months ago, our high-growth portfolio included a position in Impinj (PI) shares. It wasn’t our best bet of 2017-it probably was our worst portfolio decision, overall. The shares got to $60 at the height of a speculative spike, but even disregarding fevered speculation about a possible relationship with Amazon which never has materialized,…