Q: Could I get your take on the Q1?
Buy sell or hold?
Buy sell or hold?
5i Research Answer:
Revenues rose 8% and was ahead of estimates while EPS was -$0.01, just shy of expectations. The payments business was the bright spot here and investors are looking forward to the PayIQ business ramping up. The main concern in the results appears to be the cloud business taking a bit longer to recover in terms of growth. We think the quarter looked fine with a potential catalyst on the horizon from PayIQ.