Q: Looks like amazing q1 results to me? How does it compare to expectations? Is it still a buy?
5i Research Answer:
EPS of 65c beat estimates of 58c; revenue of $488.2M beat estimates of $477.7M. EBITDA of $287.4M beat estimates by 7%. Net income more than doubled year over year. Revenue rose 16% to a record. Both transactional and recurring revenue rose. These are solid results, and the company notes that 'it continues to see strong momentum'. We continue to view it as a BUY.