Disclaimer: when we talk about, that something has grown, we mean a comparison with the same quarter a year earlier. Since all issuers are from the USA, then all results in dollars. References were used in the creation of the material, which are not available to users from the Russian Federation. We hope, Do you know, what to do.
Company reports
CrowdStrike (NASDAQ: CRWD) increased revenue by 70% due to growth in subscription sales. Losses also increased: with 22,6 to 31,3 million.
У DocuSign (NASDAQ: DOCU) revenue increased by 58% thanks to the increase in subscribers to 61%. The professional services segment has grown too, but much weaker - only on 7%. The company has significantly reduced losses: with 47,804 million to 8,354 million.
Hewlett Packard Enterprise (NYSE: HPE) showed an increase in total revenue by 11%: there were positive changes in all segments. The Smart Cloud segment showed itself best of all - growth by 20%, The Storage segment showed itself relatively weakly - growth by 5%. Loss in 821 million from last year, when the company has lost the value of intangible assets, gave way to profit in 259 million.
Splunk (NASDAQ: SPLK) increased revenue by 16%. The growth was due to the segment of cloud services - it added 73%, - other segments fell. From the good news: number of clients, revenue from which brings more than a million a year, grew by 46% - to 537. From bad news: there is still no profit - losses increased from 305,579 to 471 million.
У MongoDB (NASDAQ: MDB) revenue increased by 39%: in the subscription segment, the growth amounted to 40%, and in the service segment 29%. Losses increased from 54 to 64 million.
Smartsheet (NASDAQ: MDB) showed revenue growth by 37%, losses increased from 27,784 to 37,072 million.
У Cloudera (NYSE: CLDR) revenue increased by 7%, losses decreased from 58,014 to 40,401 million, but all this is no longer important - you will see below why.
NetApp revenue (NASDAQ: NTAP) grew by 11% thanks to growth in all segments. Profit increased from 196 to 334 million. The company also increases its quarterly dividend by 4% - to 50 cents per share.
PagerDuty (NYSE: PD) showed revenue growth by 27,7%, losses almost doubled - up to 22,6 million.
J. M. Smucker (NYSE: SJM) reported a drop in revenue by 8% and arrived at 35%. The reason for such an unpleasant result of the quarter was the sale of several divisions and increased costs. For financial 2022 year the company predicts a fall in revenue by 2-3%.
Surge in U.S. Auto Demand Boosts Advance Auto Parts Sales (NYSE: AAP) on 23,4%, and profits have grown since 43,588 to 185,93 mln - almost entirely due to an increase in operating profit. Favorable business environment continues, so, I think, next quarter will be good too.
Five Below (NASDAQ: FIVE) showed revenue growth by 197,6%, and the loss 50,6 million changed to profit 49,6 million. Truth, this growth was due to the restoration of the company's performance to the normal - pre-coronavirus - level, after all, in the same period last year, the closure of the economy for quarantine had an extremely negative impact on reporting. But with the gradual removal of restrictions, consumers again start spending on excesses - to the greater benefit of the company..
Unhappy together
Even the end of Brexit could not prevent the touching unity of the EU and the UK on the issue of verification of Facebook: both state entities initiated an antitrust investigation against the social network.
Presumably, Facebook collects data from other people's ad campaigns on its platform in order to, to use to promote their products and services. It is hard to say, how will it all end, but I would not hope for a favorable outcome for the Mark Zuckerberg company.
Ethics in investment
US Dalian Ocean Fishing Seafood Import Ban This Week Due To Forced Labor. The company is quite large - 32 ship - and in the best years could export goods to the United States for more than 20 million per year. Understandably, that against the background of the total volume of imports from China to the United States, this is a drop in the ocean, but, given the poor relations between the US and China, "ban for the oppression of the working man" Americans will use more and more often.
The second story is more prosaic.: Biden forbade Americans to invest as much in 11 Chinese companies for, that they are connected with the Chinese military. They will add to the list of companies "banned" in the United States created under Trump., bringing its total number to 59.
The conclusion here is very simple.: investing in Chinese companies is becoming more dangerous. The state and business in China are closely connected, and any Chinese company can get on the American black list.
Didn't take off
Remember the Cloudera Idea? It can be considered prematurely closed: the company is bought for 5,3 billion, on 16 $ per share plus debt. In this way, we'll get +23% to the purchase price - even if it is less than that, what we expected, but still good. Well, taking into account the unprofitability of the company and the volatility of its shares, it can even be called a good result. In this way, Cloudera Fulfilled the Dream of Every Second IT Startup: find a buyer, who will buy it, despite the lack of a working business.
