Q3 earning season is currently underway, and most high-profile companies are delivering revenue beats. Yet, Q3 revenue is not the only thing investors are watching. Investors are interested in revenue growth, customer acquisition, and pace of growth alongside the balance sheet. Inflationary and supply chain pressures that may affect the outlook of reporting...
* Strong earnings quarter over quarter
* Strong up trend since inception
* Consolidated for a month after a move higher
* Retested the broken level as support with higher volume than average
* This would be a great time to enter a trade
* Or if you're looking for a discount, you can look for buying opportunities around the $61.70 area
In the fourth quarter of 2020, Casa Systems' revenue rose 7% year over year to $120.5 million. Adjusted earnings increased from $0.15 to $0.27 per diluted share. Your average Wall Street analyst would have settled for earnings of roughly $0.11 per share on sales near $107.5 million.
The company booked 26 purchase orders for 4G and 5G wireless systems in the...
JMP Group (NYSE:JMP) stock is soaring higher on Friday after releasing its earnings report for the fourth quarter of 2020 after-hours yesterday.
The most recent earnings report has JMP Group bringing in earnings $0.45 per share of on revenue of $53.62 million. Both of these are strong increases over the company’s EPS and revenue of 1 cent and $23.82 million from...
Vocera Announces Fourth Quarter 2020 Financial Results
$VCRA Today reported total revenue of $56.6 million for the fourth quarter of 2020, an increase of 14% compared to last year.
GAAP net income of $0.1 million compared to a GAAP net loss of $(1.7) million last year
Non-GAAP net income of $9.7 million compared to $4.9 million last year
Adjusted EBITDA of...
The fundamentals are going to be amazing for this company next week at the ER. Q4 was great but Q1 is a monster. We have bounced off 8 three separate times this week and each responded with a nice bounce. I don't see any reason for this momentum not to continue past the ER. Always make your own trades but this is by far my favorite!
#REDVIOLET had a great forecast and outlook in their Earnings Conference Call today in 11.05.
REDViolet is doing data analysing.
They are undervalued because of their unfamiliar business model as well as a small cap company.
Barclays earnings will push the price upwards tomorrow, they will still pay dividends even if their earnings report is weaker than expected. Expect either a straight push to the first target, or a follow along the trend line until the consolidation period is over and the big push out of the range occurs. Great long term hold especially with bullish divergence!
IBM blasted through previous resistance levels after its earnings report, then broke out to a new yearly level. Despite heavy profit taking by Professional Traders, the stock price held above that resistance level.
Carnival Cruise Lines has been dipping on news that one of its ships spilled 5900 gallons of gray water into the ocean at Port Canaveral. The incident doesn't actually pose any risk, however, because the EPA is not imposing any penalties. Accordingly, I expect CCL to recover soon, with a bounce in the 46.50-48.10 area.
Entertainment, leisure, and hospitality has...
The increase in Dark Pool Quiet Rotation™ as Buy Side Institutions lower inventories of CSCO shares has weighed heavily on the stock price in the past few weeks. This does not bode well for the CSCO earnings report.
Although Apple news claimed that the company “beat expectations,” the stock gapped up and quickly reversed, then moved down further. This is due to their Guidance for the next quarter. Many companies are able to beat the analysts’ estimates, but forecast lower for next earnings season.
Next week starts the earnings season in the US (the second quarter of 2019). Leading US stock indices currently show historical highs, but analysts are quite skeptical about the upcoming financial results from leading companies.
According to a survey conducted by S&P Global Market Intelligence, it is expected that almost all 11 sectors of the S&P 500 index will...