NetScout Systems (NTCT) delivered fiscal Q3 ’23 results well above our estimates and consensus. The outperformance was largely driven by a year-end budget flush in the service provider vertical, enabling NetScout to pull-in deals previously expected to close in Q4.
Read MoreWe hosted virtual investor meetings with DHI Group’s (DHX) CEO Art Zeile and CFO Kevin Bostick. Key takeaways from our perspective included an expanding addressable market opportunity, an update on the current selling environment and potential tailwinds for ClearanceJobs heading into FY ‘23.
Read MoreBefore the open yesterday, Peraso (PRSO) announced that the company has agreed to sell 2.45 million shares of its common stock to an institutional investor at a price of $1.00 per share, a 26% discount to PRSO’s last close price prior to disclosure of the planned offering.
Read MorePeraso (PRSO) reported Q3 ’22 results below our estimates as the company was unable to recognize revenue for certain orders shipped to a large customer late in the quarter.
Read MoreCTG’s Q3 ’22 results reflected management’s ongoing efforts to strategically shift the company towards higher margin digital IT solutions engagements. Despite revenue coming in below our estimate and consensus, gross margin improved meaningfully Y/Y and was consistent with our assumption.
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