NetScout Systems (NTCT) reported strong Q2 ’22 results, exceeding our estimates and consensus top to bottom. We were particularly encouraged to see a second consecutive quarter of double-digit growth in Product sales, which management attributed to the release of pent-up demand in enterprise and a significant increase in the mix of software-only sales.
Read MoreCTG, Inc. (CTG) reports Q3 ’21 results on Tuesday, November 9. Our estimates are generally consistent with consensus, and we expect CTG to once again meet or beat Street expectations for profitability.
Read MoreQAD (QADA) announced that its stockholders approved its agreement to be acquired by Thoma Bravo for $87.50 per share in cash. The acquisition is expected to close in short order and shares of QAD will be de-listed.
Read MoreWe attended the LD Micro Main Event, our first in-person investor conference since the start of the pandemic. Kudos to Chris Lahiji and team for hosting a great event.
Read MoreAfter shareholders approved the proposed sale of Stamps.com (STMP) for $6.6 billion in cash, Thoma Bravo completed its acquisition of the company. Shares of Stamps.com have ceased trading and will be de-listed.
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