We hosted virtual investor meetings with CTG Inc.’s (CTG) CEO Filip Gydé and CFO John Laubacker. Although the overarching story and financial goals remain consistent with what management has shared previously, we were struck by the high degree of confidence management expressed in achieving the aspirational targets contemplated in its 2023 Vision.
Read MoreCTG’s Q3 ’21 performance unfolded largely as we anticipated. Similar to last quarter, earnings beat despite a modest revenue shortfall, which was driven by management’s ongoing efforts to dis-engage from lower margin staffing business.
Read MoreNetScout 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.
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