As professional workers in the US continue to work remotely due to the pandemic, many are discovering their HR and financial systems aren’t set up for this modern situation.
For companies that haven’t switched to cloud-based service providers, accessing sensitive and confidential documents can still require some roundabout measures. “They are having people sneaking onto their business to download some reports and being able to provide the financial numbers” Chano Fernandez, Workday’s co-chief executive officer said during a conference call on Nov. 20.
Opportunities in the cloud
Even without secret office visits, many businesses are realizing they need to modernize the various systems they use to manage employees (known as HCMs), in order to survive the pandemic and better accommodate long-term remote
Computer Task Group (CTG) could be a solid choice for investors given the company’s remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.
The upward trend in estimate revisions for this information technology staffing company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. This insight is at the core of our stock rating tool — the Zacks Rank.
The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.
Tufin Software Technologies Ltd. (NYSE:TUFN) Q3 2020 Earnings Conference Call November 12, 2020 8:30 AM ET
Ryan Burkart – Director of Investor Relations
Ruvi Kitov – Chief Executive Officer
Jack Wakileh – Chief Financial Officer
Conference Call Participants
Matthew Parron – J.P. Morgan
Saket Kalia – Barclays
Andrew King – Colliers Securities
Joe Gallo – Jefferies
Jonathan Ho – William Blair
Rob Owens – Piper Sandler
Hannah Rudoff – D.A. Davidson
Shaul Eyal – Oppenheimer
Jonathan Ruykhaver – Baird
Ladies and gentlemen, thank you for standing by, and welcome to the Tufin Third Quarter 2020 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions]
I would now like to hand the conference over to your Speaker today, Ryan Burkart, Director of Investor Relations. Please go ahead.
Asustek Computer, Inc. (OTC:AKCPF) Q3 2020 Earnings Conference Call November 11, 2020 3:00 AM ET
Nick Wu – CFO
S.Y. Hsu – Co-CEO, GM & Director
Samson Hu – Co-CEO, GM & Director
Conference Call Participants
Good afternoon, and welcome to the Third Quarter 2020 Financial Results Conference Call of ASUSTeK. This conference call is divided into two parts. First, Mr. Nick Wu, our CFO, will brief you on the financial results, followed by remarks from our Co-CEOs, Mr. S.Y. Hsu and Mr. Samson Hu, on operations and outlook. The second part is the Q&A. [Operator Instructions].
First, we’ll hear from our CFO.
Hello. Thank you. Hi, everyone. Please turn to Slide 5 of the presentation. This is our brand P&L for the first 3 quarters of 2020. The net revenue was TWD269 billion, up 10% year-over-year. Operating profit was TWD17 billion, up 174% year-over-year.
Unity Software U is set to release third-quarter 2020 results on Nov 12.
Markedly, this would be the company’s first earnings call. This real-time 2D and 3D content provider began trading on the New York Stock Exchange on Sep 18.
The Zacks Consensus Estimate for revenues is currently pegged at $186.6 million.
Moreover, the consensus mark for a loss of 15 cents per share has remained unchanged over the past seven days.
Unity Software Inc. Price and EPS Surprise
Unity Software Inc. price-eps-surprise | Unity Software Inc. Quote
Factors to Consider
Unity Software’s third-quarter results are expected to have benefited from robust demand for its software solutions from content creators like game developers, architects, automotive designers and filmmakers.
Moreover, the online gaming industry has been witnessing accelerated growth owing to the coronavirus-led shelter-in-place guidelines. This is likely to have boosted the presence of Unity’s software solutions, which enable independent developers,
Press release content from Business Wire. The AP news staff was not involved in its creation.
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FORT WORTH, Texas–(BUSINESS WIRE)–Nov 9, 2020–
Elevate Credit, Inc. (“Elevate”), a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, today announced financial results for the third quarter 2020. Elevate has posted its third quarter release to its Investor Relations webpage at http://investors.elevate.com/press-releases.
The Company will host a conference call to discuss its third quarter financial results on Monday, November 9 at 4:00 p.m. Central Time / 5:00 p.m. Eastern Time. Interested parties may access the conference call live over the phone by dialing 1-855-327-6837 (domestic) or 1-631-891-4304 (international) and requesting the Elevate Credit Third Quarter 2020 Earnings Conference Call. Participants are asked to dial in a few minutes prior to the call to register for the event. The conference call will also
Qualcomm announced its fiscal Q4 2020 and full-year earnings report last week, and the market liked it, its stock soaring up to 13%. While I usually don’t write about a company’s earnings as an industry analyst, I will write when I believe those earnings signify some kind of milestone for the company, management or product line. This was true for Qualcomm’s Q4 results. The company also broke out its growth areas to give investors even more granularity into its businesses.
I want to provide the news, the numbers and then weigh in on them. I appreciated spending some time with Qualcomm CEO Steve Mollenkopf after the earnings call to get a better perspective.
ThinkstockHere, 24/7 Wall St. has put together a preview of a few of the most anticipated quarterly reports due this week. We have included the consensus earnings estimates, as well as the stock price and trading history. Be advised that the earnings and revenue estimates may change ahead of the formal reports, and some companies may change reporting dates as well.
McDonald’s Corp. (NYSE: MCD) is expected to report its third-quarter financial results Monday morning. The consensus analyst estimates are $1.90 in earnings per share (EPS) and revenue of $5.4 billion. McDonald’s stock traded at $216.20 on Friday. The consensus price target is $238.30, and the 52-week trading range is $124.23 to $231.91.
Nikola Corp.’s (NASDAQ: NKLA) third-quarter report is expected late Monday. Analysts on average are looking for a $0.19 per share net loss, as well as $30,000 in revenue. The stock was trading above $19 on Friday,
Computer Programs and Systems, Inc. (NASDAQ:CPSI) defied analyst predictions to release its quarterly results, which were ahead of market expectations. The company beat both earnings and revenue forecasts, with revenue of US$68m, some 7.0% above estimates, and statutory earnings per share (EPS) coming in at US$0.36, 54% ahead of expectations. This is an important time for investors, as they can track a company’s performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. NasdaqGS:CPSI Earnings and Revenue Growth November 8th 2020
Taking into account the latest results, the current consensus from Computer Programs and Systems’ nine analysts is for revenues of US$282.2m in 2021, which would reflect a satisfactory 5.2% increase on its sales over the
Marin Software Incorporated (NASDAQ:MRIN) Q3 2020 Earnings Conference Call November 5, 2020 5:00 PM ET
Bob Bertz – Chief Financial Officer
Chris Lien – Founder, Chairman and Chief Executive Officer
Greetings and welcome to the Marin Software Third Quarter 2020 Financial Results Conference Call. At this time all participants are in a listen-only mode. [Operator Instructions] As a reminder this conference is being recorded.
It is now my pleasure to introduce your host Bob Bertz. Thank you, Mr. Bertz, you may begin.
Thank you. Good afternoon, everyone, and welcome to Marin Software’s third quarter 2020 earnings call. My name is Bob Bertz, I’m Marin’s CFO and joining me today is Chris Lien, Marin’s CEO.
By now, you should have received a copy of our earnings release, which crossed the wire a short time ago. The release can also be obtained on our website at investors.marinsoftware.com.