Thursday, April 23, 2020 9:03:43 PM
Positive: Cloud service Revenue was up 18%. This is what Investors want to see in the UCaas Space. Cash increased by 15% from previous quarter. Cash Flow increased by 10%.
They also announced a partnership with a cyber security company https://www.home.neustar/ . This shows imo they are trying to grow.
Also Business and earnings was not affected negatively by Covid at all. Which is rare to find.
Neutral: Net income was flat compared to last quarter. but was still up 23%
compared to same quarter last year.
Negative: Gross Profit MArgin Decreased. but is still higher than competitors at 76.8%... this really isnt that much of a negative.
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