NetScout Systems (NTCT) preannounced Q2 ’24 revenue below our estimates and consensus. Reflecting a slowdown in order conversions during the last month of the quarter, Q2 revenue is expected to be $195.0-$197.0 million.
Read MoreYesterday morning, Peraso (PRSO) announced that the company has received $11.3 million in non-cancelable purchase orders for its memory IC products.
Read MorePeraso’s (PRSO) Q2 ’23 results fell short of our estimates and consensus as the company felt the impact of the inventory correction cycle underway across the semiconductor industry.
Read MoreLast Friday, DHI Group (DHX) announced that CFO Kevin Bostick has resigned, effective September 1, 2023, to pursue other career opportunities.
Read MoreCTG has agreed to be acquired by Cegeka, a leading European IT solutions company, for $10.50 per share in cash. The transaction price represents a 31% premium over yesterday’s close, and on a TTM basis, reflects EV/Sales, EV/EBITDA and P/E multiples of approximately 0.5x, 10.0x and 22.9x, respectively.
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