NetScout Systems (NTCT) reported Q3 ’22 results well above expectations driven by the earlier than anticipated closure of several large service provider deals and a continued resurgence in the enterprise vertical.
Read MoreWe are initiating coverage of DHI Group, Inc. (DHX) with a price target of $8.00, representing a FY ’22 EV/Sales multiple of 3x. Amid the recovery from the COVID-19 pandemic, “The Great Resignation” has created new challenges as businesses struggle to fill a growing number of open positions.
Read MoreWe 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 More