Q: Hi, Your thoughts on their 1/4ly report please.
5i Research Answer:
Revenue rose 17% to $143.4M, and beat estimates of $140M. Services revenue rose 19%. License revenue did fall, however. EPS was 32c vs 27c, but below 37c estimated. Gross margin was 76%, matching estimates. DSG currently has $227M cash. We would consider the numbers good enough. Versus some peers, the growth and outlook remain solid. Free cash flow continues to grow and was $196M in the last 12 months.