DHI Group, Inc. (DHX) hosted a virtual investor day during which management highlighted a significant total addressable market opportunity, committed to maintaining the “Rule of 40,” previewed the launch of a new corporate branding offering, expressed confidence in sustaining strong performance in key go-to-market metrics, and raised its guidance for FY ‘22.
Read MoreWe are initiating coverage of Peraso (PRSO) with a price target of $4.00 based on a FY ’23 EV/Sales multiple of approximately 3x. We believe Peraso has a long runway for growth driven by the deployment of 5G networks and the corresponding rise in bandwidth-intensive services.
Read MoreNetScout Systems (NTCT) reported fiscal Q1 ’23 results slightly ahead of our estimates and consensus. Revenue increased 10% Y/Y as robust growth in the service provider vertical more than offset a decline in enterprise sales.
Read MoreCTG Inc. (CTG) reported mixed Q2 ‘22 results as further strengthening of the U.S. dollar and emerging labor market constraints in Europe weighed on revenue. On a more positive note, the North America IT Solutions and Services segment grew over 20% Y/Y, and the segment’s higher contribution to the revenue mix provided a boost to gross margin.
Read MoreDHI Group, Inc. (DHX) delivered another strong quarter, easily clearing our estimates and consensus. Total revenue growth again approached 30% Y/Y with bookings growth across both the Dice and ClearanceJobs platforms well into the mid-20% range.
Read More