NetScout Systems (NTCT) reported Q4 ’20 results consistent with its mid-April pre-announcement. Contrary to our prior suggestion that the top line shortfall likely arose from slipped enterprise deals, the enterprise business actually grew for the second consecutive quarter.
Read MoreStamps.com (STMP) reports Q1 ’20 results on Thursday, May 7, after the close. We expect results to compare favorably with our model, and while our estimates are mixed versus current consensus forecasts, we think upside relative to Street expectations is the likely outcome.
Read MoreWe spent the week digesting the first major wave of Q1 ’20 software earnings, although much of what we observed was consistent with commentary from those that have already pre-announced. Business momentum was strong for most through January and February, but March brought a spate of challenges as organizations prioritized the transition of their employees to work-from-home amid the COVID-19 pandemic.
Read MoreIn a week where advising against the ingestion or injection of disinfectants became a necessary PSA, there was some semblance of normalcy given a smattering of M&A and other capital markets activity, as well as the start of another earnings season in the software space.
Read MoreCTG, Inc. (CTG) reported Q1 ’20 results in line with management’s guidance and considerably better than our estimates. Recall that we reduced our Q1 and Q2 projections on March 31, 2020 to reflect the potential impact of COVID-19.
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