Coronavirus continued to dominate the headlines, making for another volatile week in the markets. By week’s end, California had enacted a stay-at-home order with several other states expected to follow suit in short order.
Read MoreOn the surface, QAD’s (QADA) fiscal Q4 ’20 results appeared mixed with revenue a hair shy of our estimate and consensus but profitability coming in comfortably ahead of Street expectations.
Read MoreQAD (QADA) reports its fiscal Q4 ’20 results after the close on Wednesday, March 18. Between a more favorable manufacturing backdrop and management’s lowered FY ’20 guidance following last quarter’s print, we believe expectations for Q4 have been appropriately set.
Read MoreMarkets capitulated amidst ongoing coronavirus concerns this week, although we were actually encouraged by the willingness of several major sports organizations to suspend play in response to the growing public health crisis.
Read MoreIt was another volatile week across markets with coronavirus concerns remaining elevated and prompting a number of high-profile conference cancellations, including SXSW and the 2020 HIMSS Global Health Conference & Exhibition.
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