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K. Liu's Week in Review

As we near the end of another earnings season, our focus has been on those companies that benefited from the peak of COVID disruption a year ago, and the impact to their businesses as the world returns to some semblance of pre-pandemic normalcy.

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Software IndustryKevin LiuAugust 14, 2021ABST, APPF, AVLR, BOX, CRNC, EXFO, GDDY, MODN, ONTF, QLYS, RDCM, SQSP, SNCR, VERX, VIAV, WIX
Reports Mixed Q2 '21 Results

Stamps.com (STMP) reported mixed Q2 ’21 results. Both adjusted EBITDA of $54.8 million (28.7% margin) and non-GAAP EPS of $1.95 were slightly ahead of Street expectations for $54.5 million and $1.84, respectively, despite revenue of $191.1 million (-7.6% Y/Y) coming in modestly below consensus of $192.0 million.

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Stamps.com (STMP)Kevin LiuAugust 6, 2021PC Postage, Thoma Bravo, Acquisition, Earnings
Reports Solid Start to FY '22

NetScout Systems (NTCT) reported Q1 ’22 results ahead of expectations. The upside was attributed to stronger than anticipated growth in Product sales, which benefited from spending on both service assurance and security solutions by domestic cable operators and the acceptance of a project implementation by an international carrier one quarter earlier than anticipated.

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NetScout Systems (NTCT)Kevin LiuJuly 30, 2021Arbor, Cybersecurity, Service Assurance
Reports Mixed Q2 '21 Results; Raising Price Target from $11.00 to $13.00

CTG, Inc. (CTG) reported mixed Q2 ’21 results with both adjusted EBITDA and non-GAAP EPS surpassing Street expectations despite a modest revenue shortfall.

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CTG Inc. (CTG)Kevin LiuJuly 30, 2021IT Solutions, IT Staffing, Digital Transformation, Healthcare IT
Q2 '21 Earnings Preview

CTG, Inc. (CTG) reports Q2 ’21 results on Thursday, July 29. We expect the company’s results to meet our estimates, which largely mirror the consensus.

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CTG Inc. (CTG)Kevin LiuJuly 27, 2021IT Solutions, IT Staffing, Digital Transformation
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