K. Liu's Week in Review

Although the software space proved relatively resilient throughout the COVID-19 pandemic, those serving highly affected industries like travel and hospitality were certainly not immune to the challenging environment. Just over a year later, the silver lining for companies like Agilysys (AGYS) is in the easier comparisons ahead.

Software IndustryKevin LiuMay 22, 2021AGYS, PANW, PD, SPLK, TWLO

K. Liu's Week in Review

In what has become a month-long fade in software stocks, there was again more red than green on our screen. Those that benefited greatly during the pandemic continued to be judged more harshly than those facing easier comparisons going forward.

Software IndustryKevin LiuMay 15, 2021ABST, APPF, AYX, BIGC, BOX, CRNC, DSGX, DT, EGAN, INTU, NEWR, NICE, NOW, ONTF, RDCM, SSTI, SNCR, VERX, VMW, WIX

Strong Start and Commentary Assuage Our Near-Term Concerns

Stamps.com (STMP) reported Q1 ’21 results above our estimates and consensus, benefiting from continued strong growth in both paid subscribers and shipping volumes.

Reports Solid Q4 ’21 Results and Calls for Renewed Growth in FY ‘22

NetScout Systems’ (NTCT) Q4 ’21 results exceeded our estimates, although the performance was mixed relative to Street expectations.

Q1 '21 Earnings Preview

Stamps.com (STMP) reports Q1 ’21 results on Thursday, May 6. For those that missed our missive on the United States Postal Service’s (USPS) ten-year plan and monthly data for February (see “K. Liu’s Week in Review” published on March 27, 2021), our opinion at the time was that Stamps.com was well positioned to meet or exceed our expectations for Q1.

Company

Support