American Software (AMSWA) had a meme stock moment of its own as shares rocketed higher following the company’s fiscal Q4 ’21 earnings release. Full disclosure, K. Liu & Company LLC provides American Software with investor relations services.
Read MoreThe one thing we can count on each earnings season is a dramatic reaction to Stamps.com’s (STMP) results and outlook. In a seeming repeat of last quarter, the company posted another significant beat across the board highlighted by continued strength in new customer acquisition.
Read MoreSalesforce’s (CRM) 2020 Holiday Shopping Report revealed that online spending by consumers increased 50% Y/Y to $1.1 trillion worldwide and rose 43% Y/Y to $236 billion in the U.S. Domestically, initiatives to pull forward holiday spend fueled an 82% Y/Y increase in Pre-Cyber Week sales.
Read MoreResilience is the word du jour in earnings calls thus far in the Q2 ’20 software earnings season and may prove to be an apt description considering many produced solid growth despite GDP contracting by a third in the U.S.
Read MoreWe spent the week digesting the first major wave of Q1 ’20 software earnings, although much of what we observed was consistent with commentary from those that have already pre-announced. Business momentum was strong for most through January and February, but March brought a spate of challenges as organizations prioritized the transition of their employees to work-from-home amid the COVID-19 pandemic.
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