Several secondary and convertible debt offerings priced this week, while M&A activity was somewhat muted.
Read MoreWe met with CFO Tony Pritchett at Agilysys’ (AGYS) headquarters in Alpharetta, GA last week. The meeting was introductory in nature and focused on the company’s evolution, product portfolio, go to market initiatives and recent financial results.
Read MoreM&A activity slowed somewhat, but this week still saw two notable transactions. Palo Alto Networks (PANW) announced plans to acquire Demisto, a leader in security orchestration, automation and response solutions, for $560MM in a cash and stock deal.
Read MoreStamps.com (STMP) finished FY ’18 with a flourish, comfortably exceeding our estimates and consensus top to bottom. The feeling of awe quickly gave way to shock, however, as management’s FY ’19 guidance reflected expectations for a revenue decline along with adjusted EBITDA at roughly half the levels we were projecting.
Read MoreStamps.com (STMP) reports Q4 ’18 results on Thursday, February 21, after the market closes.
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