Results from the initial slate of off-calendar reporting companies were generally well received and largely reflected the varying degrees of resiliency and recovery highlighted by those following the traditional reporting cycle.
Read MoreQAD (QADA) reported strong fiscal Q2 ’21 results, exceeding Street expectations top to bottom. After effectively managing through the outset of the COVID-19 pandemic in the prior quarter, QAD delivered strong sequential growth in both license and cloud bookings with the latter essentially matching year ago levels in both the number and value of deals closed.
Read MoreQAD (QADA) is slated to report its fiscal Q2 ’21 results after the market closes on Wednesday, August 26. Although we expect growth to remain muted by ongoing headwinds presented by the COVID-19 pandemic, we believe the company’s Q2 performance will meet or exceed Street expectations for a modest sequential decline on both the top and bottom lines.
Read MoreThe summer doldrums are around the corner, but there was still plenty of news across the software industry to digest this week. Although MicroStrategy (MSTR) had previously outlined a new strategic approach to its capital allocation policies, shares rose as the company began to execute against those plans.
Read MoreStamps.com’s (STMP) Q2 ’20 results crushed Street expectations as the COVID-19 crisis provided a significant tailwind on several fronts.
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