Month: May 2019

$TTD Stock Update

Recommendation: HOLD +12% month Reports Q1 tomorrow 5/9 (+1% after hours) Trade Desk is witnessing increasing adoption of its unified ID solution. Notably, Sharethrough, TripleLift and Rubicon Project RUBI integrated the company’s unified ID solution into their digital advertising exchanges in first-quarter 2019. The companies chose Trade Desk’s unified ID solution as it helps them …

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$TSLA Stock Update

Recommendation: HOLD -10% month Tesla Inc said on Wednesday it closed its $2.7 billion offering of stock and convertible notes and that it was over-subscribed, giving the electric carmaker much needed cash as it ramps up production. Tesla sold about $860 million in shares and $1.84 billion in debt, after the underwriters exercised their option …

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$NFLX Stock Update

Recommendation: HOLD +1% month Subscribers is the metric the market seems to care most about. Free cash flow, content spend, and even margins have taken a backseat to subscriber growth. On this front, Netflix is delivering. In the first quarter, average streaming paid memberships increased 26% year over year.  Excluding F/X, global streaming ARPU improved …

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$GOOG Stock Update

Recommendation: HOLD -3% month announced new privacy controls for its services, including “Incognito mode” for Google Maps, and published new privacy commitments for its hardware, showing how increased public scrutiny is forcing greater transparency in Silicon Valley. The announcements were dotted throughout nearly two hours of product updates from the search giant at its annual …

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$ANET Stock Update

Recommendation: HOLD -14% last week in addition to reporting roughly in-line first-quarter revenue and an EPS beat — it guided for second-quarter revenue of $600 million to $610 million, below a consensus analyst estimate of $639.6 million. Arista’s guidance midpoint implies 16% annual revenue growth, a major slowdown from first-quarter’s 26% growth. Echoing remarks from …

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$RNG Stock Update

  Earnings highlights: EPS  of 17 cents (15 cents expected) Revenue of $201.5 million ($193.3 million expected) – 34% increase year over year Software subscriptions revenue increased 33% year over year to $183 million. 95-percent growth in enterprise annual recurring revenue to $200 million Channel ARR (Annualized Exit Monthly Recurring) grew 75 percent to $203 million; and total ARR …

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$EA Stock Update

    Earnings released yesterday: EPS $1.41 per share ($0.97 expected) Revenue of $1.24 billion ($1.2 billion expected) For the year, the company reported profit of $1.02 billion, or $3.33 per share Annual revenue was reported as $4.94 billion. Raised their full-year predictions of earnings to $8.56 per share. Continued success of their new game: Apex Legends. Apex Legends raked in …

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$BAC Stock Update

Earning release April 16: EPS of $0.70 per share, beating consensus by $0.05 per share Revenue of $23 billion  ($300 million less than expected) Net interest yield for the quarter was 2.51%, up nine basis points Efficiency ratio improved to 57% from 60% the year before Up some 8% for the last 6 months, HOLD