Category: Software

Software

Pegasystems, Inc. Beats Street Estimates

Pegasystems, Inc. (PEGA) reported very strong 3Q results last night, beating our $40 million license estimate by 12% and driving total revenue 4% above our lowered forecast. EPS beat our number by $0.13 and the consensus by $0.15. The revenue upside was driven by a strong shift towards perpetual licenses, though there were no “transformational” deals, indicating solid sales execution in a category demonstrating good … Continue reading Pegasystems, Inc. Beats Street Estimates

John Bellich
BioTech, Software

Fusion-IO Fails to Deliver Expected Profits in Third Quarter

Following 2Q14 (Dec) results, many analysts are reiterating a Hold rating. On one hand, the company was able to exceed 2Q14 guidance. However, the company is still unprofitable and is guiding 3Q14 results to include an even greater loss. At this time, the company has no clear path to profitability other than a 35%-40% increase in revenue. Said differently, the company has yet to prove … Continue reading Fusion-IO Fails to Deliver Expected Profits in Third Quarter

Colin Pettis
BioTech, Software

GSE Systems Posts Respectable Q3 Performance in Tough Environment

Last night, GVP reported a good quarter, delivering contract revenue upside, in line GAAP EPS and relatively stable backlog in its 3Q13 earnings report. Despite posting a respectable performance, the company is still feeling the impact from stalled nuclear and non-nuclear simulator projects in the US, and from cancelled and delayed nuclear projects in Japan and Germany. We’re reiterating our Speculative Hold rating because we … Continue reading GSE Systems Posts Respectable Q3 Performance in Tough Environment

Adam Keintzel
Software, Tech IPO

Stryker Posts Solid Results as Recon Market Strengthens

SYK beat consensus revenue and EPS as it benefited from an improving orthopedic implant market and stronger MedSurg growth. SYK’s gross margin was weaker than we had expected though it was able to offset this with SG&A leverage. SYK is now excluding amortization from its adjusted EPS. While we now have estimates both including and excluding amortization in our model, we have (reluctantly) changed our … Continue reading Stryker Posts Solid Results as Recon Market Strengthens

John Meady
McLaren Formula 1 F1
Analysis, Software

McLaren -Honda F1 Team to boost performance through technologies

NTT Communications will provide network, cloud, data connectivity and other innovations to meet McLaren’s need for an IT communications platform that delivers optimum performance to support its Formula 1 race team. McLaren-Honda and NTT Communications announce a 3 year partnership. Network, cloud, data connectivity and other high-tech innovations will push motorsport boundaries. McLaren-Honda has been a pioneer for over 50 years in Formula 1. This … Continue reading McLaren -Honda F1 Team to boost performance through technologies

Harvey Dyer
Biotech Stock
Analysis, Diversified Tech, Finance, Software

Big Data & Healthcare : a Revolution

As one of the biggest healthcare trends, Big Data is currently making rounds in the news. With the technology evolving faster than ever in the healthcare industry, companies in the sector have to deal with big data. In the latest issue of HP Matter, an online publication where some of the brightest minds in healthcare share their perspectives on technological changes, Big Data has been … Continue reading Big Data & Healthcare : a Revolution

Harvey Dyer