Q: Comments on KXS earnings and how they will shape future stock performance.
5i Research Answer:
EPS was 58c, beating estimates of 50c. Revenue of $118.3M beat estimates of $117M. EBITDA of $21.9M beat estimates by 7.5%. Sales rose 12%. Margin guidance was raised to 19% to 21% from 18% to 20%. SaaS revenue grew 18%. Most (75%) business was from new customers. Sales guidance was maintained. The call has not yet occurred but the numbers looks decent to us.