Stamps.com’s (STMP) Q4 ’19 results reflected another big beat, although the upside was not particularly surprising from our perspective given the read-through from the United States Postal Service’s (USPS) peak season performance. Management’s initial outlook for FY ’20 was quite unexpected, however, and far better than we dared to hope.
Read MoreStamps.com (STMP) reports Q4 ’19 results after the close on Wednesday, February 19. Against a backdrop in which the United States Postal Service (USPS) has already delivered strong results for the holiday season and posted another quarter of double-digit growth in PC Postage revenues, we expect a similarly strong performance from the company.
Read MoreThe United States Postal Service (USPS) reported its fiscal Q1 ’20 results this week for the quarter ending December 31, 2019. Accompanying the news was monthly trial balance data for December, which revealed a 20.4% Y/Y increase in PC Postage revenue and a 10.1% Y/Y increase for the quarter.
Read MoreIn conjunction with an announcement committing to maintenance support for SAP S/4HANA until the end of 2040, SAP also indicated that mainstream maintenance will be provided for core applications of SAP Business Suite 7 until the end of 2027 with extended maintenance available until the end of 2030.
Read MoreEarnings releases began to flow freely across the software industry this week. Our first covered company for this reporting season, NetScout Systems (NTCT), delivered its second consecutive quarterly beat, while also returning to positive organic growth.
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