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The Markets
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

Software & services

Flood of earnings expected in the US

This week we anticipate a flood of earnings from smaller businesses in the US, following the tech giants’ earnings last week. Meanwhile, UK is relatively quiet as March period end results pick up later in the month.

The week ahead

In the UK, it is quiet on the reporting front for the next two weeks, as we transition from the December period end to March period results. This week, we expect final results from WANdisco. Additionally, Iomart is holding a virtual capital markets day on Wednesday.

WANdisco PLC (LON:WAND), which has solutions to enable data migration to cloud platforms, such as Microsoft Azure, reports final results on Wednesday. In its January trading update, it said it expects to report revenue for the financial year 2020 (FY20) of at least US$10.5mln, along with a year-end cash position of about US$21mln. It said it expects to grow its customer base at a significantly faster rate in 2021 than in previous years, and current-year revenue is expected to grow to at least US$35mln. In March, the company raised gross proceeds of US$42.46mln via a US$12.46mln placing along with a US$30mln subscription to provide capital to expand opportunities and accelerate growth.

Across the pond, we anticipate a flood of smaller companies reporting their quarterly earnings after the giants reported last week. Among the tech-related companies expected to report include: ON Semiconductor, ZoomInfo Technologies, Rambus, Maxar Technologies, Arista Networks, Akamai Technologies, Alarm.com, Alteryx, Broadridge, Bottomline, Lattice Semiconductor, Mcafee, Super Micro Computer, Commvault Systems, Zebra Technologies, Corsair Gaming, LYFT, Workiva, Xilinx, Paycom Software, ANSYS, Allegro Microsystems, Nuance Communications, Silicon Motion Technology, Constellation Software, Quotient Technology, Upland Software, Radware, Stratasys, Alphatec, Blackline, Bill.com, Paylocity, Unisys, Teradata, Vonage, Cloudflare, Cornerstone OnDemand, CommScope, Cognex, Open Text, Dropbox, Datadog, Epam Systems, Envestnet, Groupon, GoPro, Himax Technologies, Yelp, Synaptics, Iron Mountain, NetScout Systems, InterDigital and Motorola.

Date · Company · Event · Period ending

05-May · WANdisco · Final results · 31-Dec

05-May · Iomart · Capital markets day

17-May · Cerillion · Interim results · 31-Mar

18-May · First Derivatives · Final results · 28-Feb

24-May · Kainos · Final results · 31-Mar

24-May · Cloudcall · AGM trading update

25-May · AVEVA · Final results · 31-Mar

26-May · Oxford Metrics · Interim results · 31-Mar

May · Bango · Strategy day

18-20 May · Blue Prism · Blue Prism World

Late May/E June · Bytes Technology · Final results · 28-Feb

01-Jun · CentralNic · Q1 trading · 31-Mar

03-Jun · discoverIE · Final results · 31-Mar

Early June · Trackwise · Final results · 31-Mar

15-Jun · CML Microsystems · Final results · 31-Mar

18-Jun · Blue Prism · Interim results · 30-Apr

21-Jun · Sysgroup · Final results · 31-Mar

24-Jun · Alpha FMC · Final results · 31-Mar

24-Jun · Redcentric · Final results · 31-Mar

29-Jun · D4T4 · Final results · 31-Mar

June · GB Group · Final results · 31-Mar

June · Iomart · Final results · 31-Mar

June · Intercede · Final results · 31-Mar

01-Jul · AVEVA · Capital markets day

05-Jul · Panoply · Final results · 31-Mar

Early July · AdEPT Technology · Final results · 31-Mar

29-Jul · SRT Marine · Final results · 31-Mar

July · Shearwater · Final results · 31-Mar

Late summer · GRC · Final results · 31-Mar

Source: Data from regulatory news and company websites

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