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Q3 '20 Results Beat But Outlook Raises Questions

Stamps.com (STMP) reported Q3 ’20 results well above Street expectations and comfortably ahead of our recently raised estimates.

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Stamps.com (STMP)Kevin LiuNovember 6, 2020e-commerce, PC Postage, multi-carrier shipping software, UPS, USPS
All Signs Point to Q3 Upside and Raised Outlook

Stamps.com (STMP) reports Q3 ’20 results after market close on Thursday, November 5. As communicated in our last report, “USPS PC Postage Revenue +52% Y/Y in August”, data for the first two months of the quarter suggests Stamps.com is poised to meaningfully outperform both consensus and our expectations for Q3.

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Stamps.com (STMP)Kevin LiuNovember 3, 2020PC Postage, UPS, USPS, shipping, multi-carrier shipping software
Solid Q2 Results Overshadowed by Soft 2H Outlook

NetScout Systems (NTCT) reported Q2 ’21 results ahead of Street expectations as growth in security and service provider revenues more than offset depressed spending in the government vertical.

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NetScout Systems (NTCT)Kevin LiuOctober 30, 2020Service Assurance, Arbor, Cybersecurity, DDoS
K. Liu's Week in Review

Our calendar Q3 ’20 earnings season began with CTG, Inc. (CTG) surpassing Street expectations as the company made further strides in shifting towards a more solutions-centric business.

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Software IndustryKevin LiuOctober 24, 2020ABT-CA, BCOV, CHKP, CTG, CTXS, DCT, MANH, MIME, SPLK, SWI, VIAV
Success of Solutions Initiatives Boosts Q3 Results; Raising Price Target from $6.25 to $7.25

CTG, Inc. (CTG) reported strong Q3 ’20 results, surpassing Street expectations as renewed growth in the IT Solutions segment provided a meaningful boost to margins.

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CTG Inc. (CTG)Kevin LiuOctober 21, 2020IT Solutions, IT Staffing, Healthcare IT
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