QAD’s (QADA) fiscal Q4 ’21 results exceeded our estimates and consensus as an unexpected rebound in license sales and a tailwind from currency fluctuations fueled a return to positive top line growth a quarter ahead of our expectations.
Read MoreWe met virtually with management of CTG Inc. (CTG) to discuss the company’s 2023 Vision. After reporting a strong finish to its FY ’20 last month, CTG published a new investor presentation highlighting the company’s opportunity to accelerate its clients’ digital transformation initiatives and laying out ambitious targets for FY ’23.
Read MoreQAD (QADA) reports fiscal Q4 ’21 results after the market closes on Wednesday, March 24. Our estimates are relatively consistent with consensus, calling for a modest decline in revenue and another quarter of meaningful margin expansion relative to the year-ago period.
Read MoreFedEx (FDX) provided a glimpse into how e-commerce is trending to start the year. Despite inclement winter weather in mid- to late-February, which had a pronounced impact on revenues and costs at quarter-end, FedEx delivered fiscal Q3 ’21 results ahead of expectations.
Read MoreSoftware stocks were largely in the red this week, but we were encouraged to see Stamps.com (STMP) double the size of its current share repurchase authorization to $120 million in response to the market volatility of late.
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