The calendar Q2 ’20 earnings season is officially underway, and the initial results suggest that business conditions were better than feared at the outset of the COVID-19 pandemic. Brightcove (BCOV) saw the strongest post-print move amongst the group of reporting companies as results significantly outpaced management’s guidance and consensus.
Read MoreThe United Postal Service’s (USPS) monthly data for April revealed a 54.7% Y/Y increase in PC Postage revenue, marking a significant acceleration from the 13.4% increase in March and the 13.7% increase in the same period last year. This comes as no surprise as management’s commentary during Stamps.com’s (STMP) Q1 earnings call highlighted double-digit growth in U.S. dollar volume processed across all carriers in March and growth north of 50% in April.
Read MoreCoronavirus was top of mind this week as fears of a pandemic reverberated across markets. Thus far, the software industry remains relatively unaffected from a business standpoint with the vast majority of reporting companies citing minimal end market exposure and no impact on sales cycles to date.
Read MoreHappy New Year! The new year also marks a new beginning at Talend (TLND) as the company appointed Christal Bemont as CEO, succeeding Mike Tuchen, who has held the reins for the past six years. Ms. Bemont joins Talend from SAP Concur where she served as Chief Revenue Officer.
Read MoreHappy Thanksgiving! At K. Liu & Co., we are particularly thankful for all of the support we have received in our first year of existence. Despite the short holiday week, there was still a fair bit of news to digest with the off-calendar reporting season now underway.
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