QAD (QADA) has acquired Foreign-Trade Zone Corporation (FTZ), a provider of cloud-based software and services enabling manufacturers to establish and manage foreign-trade zone operations while ensuring compliance with regulations governing the Foreign-Trade Zones program.
Read MoreThe United States Postal Service (USPS) unveiled its ten-year plan, “Delivering For America,” to achieve financial sustainability and service excellence. Consistent with postal reform efforts in recent years, much of the plan hinges upon legislative actions and regulatory changes, including the elimination of mandates requiring the USPS to prefund retiree health benefits, full integration of Postal Service-specific health plans with Medicare, and increased pricing flexibility for market dominant products i.e. traditional mail.
Read MoreQAD’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.
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