Earnings, earnings and more earnings largely sums up the week. Within our coverage universe, NetScout Systems (NTCT) posted fiscal Q2 results ahead of expectations and guided Q3 above consensus, sending shares up 10% on the week.
Read MoreWe attended Box’s (BOX) annual user conference, BoxWorks 2019, as well as the Investor Breakout session held in conjunction with the event. A detailed recap is forthcoming, but suffice to say, we were impressed with the company’s platform and opportunity in the cloud content management space.
Read MoreIt was a busy week in software with several tuck-in acquisitions announced, a deluge of earnings to digest, and some notable executive changes. On the M&A front, Avalara (AVLR) acquired Portway International, a provider of Harmonized System classifications and customs brokerage services.
Read MoreMessaging was again en vogue as evidenced by Zendesk’s (ZEN) acquisition of Smooch, a customer engagement platform connecting businesses with consumers across multiple messaging channels, including WhatsApp, Facebook Messenger, LINE, WeChat, SMS text, RCS, and a host of other applications.
Read MoreMay the 4th be with you on this Star Wars Day. We were treated to another heavy dose of earnings this week, but we begin as always with a few strategic moves.
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