Q: Thoughts on earnings? Do you think KXS will start to move or is it time to pass on it?
5i Research Answer:
The quarter looked good with record bookings, ARR moving higher and the company increasing their expectations for SaaS revenues. Revenue was a slight miss at $134.6 mln vs $136.7 mln expected. EPS looked good at $0.93 vs $0.84 expected. Things look to be moving in the right direction here and we would be fine holding.