Monthly data from the United States Postal Service (USPS) revealed an ongoing trend of robust growth in PC Postage revenue, leaving us confident that Stamps.com (STMP) remains poised for another meaningful beat and raise this quarter.
Read MoreResults from the initial slate of off-calendar reporting companies were generally well received and largely reflected the varying degrees of resiliency and recovery highlighted by those following the traditional reporting cycle.
Read MoreThe 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 MoreWith the COVID-19 pandemic prompting organizations to rethink processes for operating virtually, DocuSign (DOCU) sought to accelerate the launch of its next Agreement Cloud product, DocuSign Notary, by acquiring Liveoak Technologies for $38 million in stock.
Read MoreThe United States Postal Service (USPS) reported its National Trial Balance for the month of May, providing further insight into PC Postage revenue trends thus far in calendar Q2 ‘20. After rising to approximately 55% in April, PC Postage revenue growth accelerated further to nearly 65% in May.
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