Core Insights - Strategy (MSTR) reported a significant fourth-quarter 2025 loss of $42.93 per share, which is much wider than the previous year's loss of $3.03, primarily due to fair-value accounting adjustments on bitcoin rather than operational issues [1][7] - The company's revenues reached $123 million, exceeding the Zacks Consensus Estimate by 2.83%, and showed a year-over-year increase of 1.9% [1][7] Revenue Breakdown - In Q4 2025, product licenses and subscription services revenues rose by 26.3% year over year to $59.6 million, making up 48.5% of total revenues, with subscription services increasing by 62.1% to $51.8 million, while product licenses fell by 48.5% to $7.9 million [2] - Product Support and Other Services revenues decreased by 16.9% and 1.8%, respectively [2] Profitability Metrics - Gross profit declined by 6% year over year to $81.3 million, with gross margin decreasing by 560 basis points to 66.1% [2] - The company reported an operating loss of $17.4 billion, significantly higher than the $1.0 billion loss in the same quarter last year, primarily due to a $17.4 billion unrealized loss on digital asset holdings [3][7] Bitcoin Holdings - Strategy is the largest bitcoin treasury company globally, holding 713,502 bitcoins at a total cost of $54 billion, averaging $76,000 per bitcoin [4] - The bitcoin yield was 23.1% year to date, with a gain of 101,873 bitcoins generating approximately $8.9 billion in value for the full year 2025 [4] Balance Sheet Overview - As of December 31, 2025, cash and cash equivalents stood at $2.3 billion, a significant increase from $54.3 million as of September 30, 2025 [5] - The market value of the company's digital assets was approximately $59.75 billion, reflecting an average market price of $83,740 per bitcoin as of January 30, 2026 [5] Fundraising Activities - In the reported quarter, MSTR raised approximately $5.6 billion, with an additional $3.9 billion raised between January 1, 2026, and February 1, 2026, through various ATM programs [6]

For the quarter ended December 2025, Amazon (AMZN) reported revenue of $213.39 billion, up 13.6% over the same period last year. EPS came in at $1.95, compared to $1.86 in the year-ago quarter.The reported revenue represents a surprise of +0.91% over the Zacks Consensus Estimate of $211.46 billion. With the consensus EPS estimate being $1.98, the EPS surprise was -1.52%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine thei ...

To most consumers, Amazon (NASDAQ: AMZN) may be best known for its e-commerce business. But to investors, attention usually gravitates to the company's cloud computing business -- especially recently. Releasing its fourth-quarter results after market close on Thursday, Amazon's cloud computing business, Amazon Web Services (AWS), saw yet another quarter of accelerating growth. In fact, the 24% year-over-year growth the segment posted during the period was the fastest it has delivered for shareholders in 1 ...

DA Davidson struck a more optimistic tone on CyberArk Software Ltd (NASDAQ:CYBR) after the company delivered another strong quarter fueled by subscription growth and accelerating recurring revenue.Analyst Rudy Kessinger maintained a Buy rating on CyberArk Software and raised the price forecast from $518 to $573 on Wednesday.Kessinger updated his model after CyberArk's fourth-quarter report, noting the company delivered record subscription and total net new ARR levels, both rising roughly 20%–30% organically ...

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Agilysys Inc. (NASDAQ:AGYS) shares fell in Monday's extended trading after the company released its third quarter earnings report, missing EPS estimates. Here's a look at the key figures from the quarter. AGYS stock is moving. Watch the price action here.The Details: Agilysys reported quarterly earnings of 42 cents per share, which missed the consensus estimate of 46 cents, according to estimates from Benzinga Pro.Quarterly revenue came in at $80.39 million, which beat the analyst consensus estimate of $79. ...

Core Insights - Wedgewood Partners anticipates stronger market volatility in the coming years and has moderated its enthusiasm for investments [1] - The Wedgewood Composite returned -1.8% in Q4 2025, underperforming compared to the S&P 500's 2.7% and other indices [1] - The firm attributes its underperformance to poor stock selection, valuation corrections of past strong performers, and being underweight in AI stocks [1] Company Focus: Amazon.com, Inc. (NASDAQ:AMZN) - Amazon's stock closed at $239.12 on January 16, 2026, with a one-month return of 4.68% and a 52-week gain of 5.83% [2] - Amazon's market capitalization stands at $2.556 trillion [2] - The stock has lagged broader indices for the past five years, with valuation multiples reverting lower despite strong cash flow returns [3] - Current management is focused on managing capacity and costs, with an EV/EBITDA multiple around 13X for 2026, significantly below pre-COVID-19 levels [3] - Cash flow returns have rebounded to over 20%, driven by record margins, and the company is expected to grow at double-digit rates due to increased e-commerce penetration and improved capacity management [3]

Group 1 - PAR Technology Corporation's stock is currently trading near 4x revenue, indicating a valuation reset earlier this year that has attracted investor interest [1] - The company reported an Annual Recurring Revenue (ARR) of approximately $298 million, reflecting a year-over-year growth of 22% [1] - Subscription revenue for PAR Technology grew by 25%, showcasing strong performance in its revenue streams [1] Group 2 - The analyst emphasizes a focus on companies with strong fundamentals and real potential, particularly in the tech, infrastructure, and internet services sectors [1] - The article aims to share investment ideas and foster connections among investors who prioritize long-term returns over short-term fluctuations [1]

Core Insights - Strategy Inc. (MSTR) is recognized for its aggressive Bitcoin strategy, but its long-term fundamentals are rooted in its software and enterprise analytics businesses, with subscription services emerging as a key driver for stability and growth [1] Software Business Performance - Growth in the software business is uneven, with declines in product support and other services offsetting subscription gains, indicating pressure on parts of the legacy software portfolio [2] - Despite challenges, the software business maintains strong profitability, supported by healthy margins, making subscription services a stabilizing force amid Bitcoin-driven earnings volatility [3] Subscription Services Growth - In Q3 2025, subscription service revenues increased by 65.4% year-over-year to $46.0 million, representing approximately 36% of total revenues, reflecting the growing adoption of cloud-based analytics offerings [4][11] - The shift towards subscription services is strategically important as recurring revenues provide greater visibility and stability compared to one-time license sales [4] Future Projections - The Zacks Consensus Estimate projects modest revenue growth of about 2.1% in 2025 and 4.9% in 2026, suggesting that steady growth in subscription services could enhance the software segment's contribution to long-term growth [5] Competitive Landscape - Competitors like Microsoft (MSFT) and Salesforce (CRM) leverage strong subscription-based platforms for steady recurring revenue through cloud and analytics services [6] - Microsoft’s Power BI poses a significant competitive threat to MSTR, offering an intuitive interface and integration across its ecosystem, making it attractive for small and medium-sized businesses [7] - Salesforce competes by unifying analytics and CRM through its Tableau-powered ecosystem, enhancing customer relationships and sales processes [8] Stock Performance and Valuation - MSTR shares have declined by 49.7% over the past year, underperforming the Zacks Finance sector's 11.7% gain, and lagging behind competitors like Microsoft, which rose by 10.1% [9] - MSTR currently has a Value Score of F, trading at a Price/Book ratio of 1.01X compared to the sector's 4.24X [13] - The Zacks Consensus Estimate for MSTR's 2025 earnings is $78.04 per share, indicating a recovery from a previous loss of $6.72 per share [16]

Core Insights - Rubrik (RBRK) reported third-quarter fiscal 2026 non-GAAP earnings of 10 cents per share, significantly exceeding the Zacks Consensus Estimate by 158.82%, compared to a loss of 21 cents per share in the same quarter last year. Total revenues reached $350.2 million, surpassing the consensus mark by 9.11% and reflecting a 48% year-over-year increase. Rubrik's shares rose by 18.78% in after-market trading [1][8]. Revenue Performance - Subscription revenues, which constitute 96.1% of total revenues, increased by 51.9% year over year to $336.4 million, beating the Zacks Consensus Estimate by 8.84%. The subscription Net Retention Rate (NRR) exceeded 120%. Cloud Annual Recurring Revenue (ARR) grew to $1,175 million, marking a 53% year-over-year increase [2]. - Subscription Annual Recurring Revenue (ARR) reached $1.35 billion, representing a 34% year-over-year growth. Net New Subscription ARR hit a record $94 million, indicating strong customer acquisition and expansion. The number of customers contributing over $100K in subscription ARR rose to 2,638, a 27% year-over-year increase, with these large customers now accounting for 86% of Rubrik's subscription ARR, up from 83% the previous year [3]. Customer Growth - Rubrik added a record 23 new customers with subscription ARR exceeding $1 million, contributing to over 50% growth in its $1 million subscription base. The company maintained a high Net Promoter Score of over 80, placing it in the top 1% of enterprise software companies globally [4]. Operating Metrics - On a non-GAAP basis, gross margin improved by 400 basis points year over year to 83%. Research and development expenses rose by 20.2% year over year to $68.4 million, while sales and marketing expenses increased by 24.3% to $163.3 million. General and administrative expenses surged by 61.1% to $48.1 million [5]. - The operating income was reported at $10.1 million on a non-GAAP basis, a significant improvement from the operating loss of $31.2 million in the same quarter last year [6]. Financial Position - As of October 31, 2025, cash and cash equivalents and short-term investments totaled $1.60 billion, up from $1.52 billion as of July 31, 2025. The company generated a cash flow from operations of $85.5 million, compared to $64.7 million in the previous quarter [7]. - Free cash flow was reported at $76.9 million, an increase from $57.5 million as of July 31, 2025 [9]. Future Guidance - For the fourth quarter of fiscal 2026, Rubrik anticipates revenues between $341 million and $343 million, indicating approximately 33% year-over-year growth. The expected non-GAAP loss per share is projected to be between 12 cents and 10 cents. The company also expects a non-GAAP subscription ARR contribution margin of approximately 9% [10]. - For fiscal 2026, Rubrik forecasts revenues between $1.280 billion and $1.282 billion, reflecting an approximate 44% year-over-year growth. Subscription ARR is expected to be between $1,439 million and $1,443 million, with a projected non-GAAP loss per share between 20 cents and 16 cents. Free cash flow is anticipated to be between $194 million and $202 million [11].