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Q1 Results Beat But Uncertainty Looms

Peraso (PRSO) reported Q1 ’23 results slightly ahead of our estimates and consensus. Relative to our model, the revenue upside was driven by modestly higher memory IC sales.

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Peraso Inc. (PRSO)Kevin LiuMay 17, 2023Fixed Wireless Access, 5G, mmWave, memory
Focus Shifts to Margin Expansion Despite Q1 Beat

DHI Group (DHX) reported Q1 ’23 results ahead of our estimates and consensus. Revenues from both Dice and ClearanceJobs were slightly above our projections, and bookings were also a tad better than we projected as Dice surpassed our admittedly low hurdle for the quarter.

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DHI Group (DHX)Kevin LiuMay 11, 2023Online Recruiting, Career Marketplace, IT Staffing, Dice, ClearanceJobs
Mixed Q1 Results Belie Strength in Bookings

CTG’s Q1 ’23 results were mixed relative to our estimates and below consensus, which we previously noted in our “Q1 ’23 Earnings Preview” was comprised of just one other set of estimates that skewed too high for the quarter.

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CTG Inc. (CTG)Kevin LiuMay 10, 2023Digital Transformation, IT Solutions, IT Staffing
Q1 '23 Earnings Preview

Peraso (PRSO) reports Q1 ’23 results after the close next Monday, May 15, and will host its earnings call before the market opens on Tuesday, May 16. As management’s Q1 revenue guidance was issued just over a week before the quarter ended, we expect the print to hold few surprises and to be largely consistent with our estimates.

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Peraso Inc. (PRSO)Kevin LiuMay 9, 2023mmWave, 5G, 60 GHz, Fixed Wireless Access
Delivers Strong Q4 Results and Positive Outlook for FY '24

NetScout Systems (NTCT) reported fiscal Q4 ’23 results above our estimates and consensus. Both product and service revenue outpaced our expectations as another quarter of strong growth in the service provider vertical more than offset ongoing macro-related softness in the enterprise vertical.

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NetScout Systems (NTCT)Kevin LiuMay 5, 2023Network Performance Management, Service Assurance, Cybersecurity, Arbor, Omnis, DDoS
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