InterActiveCorp is set to report 4Q13 results tomorrow before the market opens. Shares have risen steadily following soft 3Q Search results as a company-wide reorganization in December sparked expectations of a pending Match.com spin-off. We do not currently anticipate a spin announcement tomorrow, the absence of which could drive shares lower despite extremely low fundamental…
Last night, LivePerson Inc., (LPSN) reported stronger than expected 3Q earnings, beating our and the Street’s estimates for bookings, total revenue and non-GAAP EPS. For the next quarter and 2013, management is guiding largely in line with the consensus, though it is tightening the full year ranges for revenue and EPS. Though the company reported…
EOPN reported fiscal second quarter 2014 results last night, delivering total revenue and subscription that met our forecast while non-GAAP EPS of $(0.10) beat our (and the Street’s) estimate by a nickel. While the important metrics of subscription revenue and bookings guidance for FY14 remain intact, investors are likely to focus on the meaningfully lowered…
RealD reported strong fiscal third-quarter results; revenue and profitability came in ahead of expectations. Total revenue of $55.4 million was above the consensus estimate of $50.4 million and adjusted EBITDA of $21.3 million were well above the consensus estimate of $15.2 million. Licensing revenue of $35.6 million was above the consensus estimate of $34.2 million,…
WEX reported solid fourth-quarter results. Revenue grew 15% year-over-year and 8% from the prior quarter, to $182 million, and was above our estimate of $178 million and consensus of $177 million. Fourth-quarter adjusted EPS, excluding stock comp expense, were $1.17, above our $1.11 estimate. Including stock comp, adjusted EPS were $1.13, versus our $1.07 estimate,…
NetSuite reported another solid quarter last night, delivering total revenue, subscription revenue and billings above our (and the Street’s) expectations. Consistent with prior periods, Q3 was driven by increasing average deal sizes from the company’s move up market, good retention in the installed base and an increasingly effective channel partner network. Management maintained its customary…
