Software and IT Services Stocks

 MSFT Company Overview  

 Microsoft  Corporation is a technology company. The Company develops, licenses,  and supports a range of software products, services and devices. The  Company's segments include Productivity and Business Processes,  Intelligent Cloud and More Personal Computing. The Company's products  include operating systems; cross-device productivity applications;  server applications; business solution applications; desktop and server  management tools; software development tools; video games, and training  and certification of computer system integrators and developers. It also  designs, manufactures, and sells devices, including personal computers  (PCs), tablets, gaming and entertainment consoles, phones, other  intelligent devices, and related accessories, that integrate with its  cloud-based offerings. It offers an array of services, including  cloud-based solutions that provide customers with software, services,  platforms, and content, and it provides solution support and consulting  services.  

Company Contact

Headquarters

1 Microsoft Way
Redmond, WA 98052-6399.

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*****17th all time percentage gainer 

across all portfolios +UP 160.77%+

Q.D.M. / $0.83

Yield / .89%

Ex-Dividend Date

11/15/2023

Dividend Payable Date

12/12/2023

Invested 6/26/2017

@ 71.51

All dividends re-invested.

*Dividend paid 9/14/2017

*Dividend paid 3/08/2018

*Dividend paid 6/14/2018

*Dividend paid 9/13/2018

*Dividend paid 12/13/2018

*Dividend paid 3/14/2019

*Dividend paid 6/13/2019

*Dividend paid 9/12/2019

*Dividend paid 12/12/2019

*Dividend paid 3/12/2020

*Dividend paid 6/11/2020

*Dividend paid 9/10/2020

*Dividend paid 12/10/2020

*Dividend paid 1/29/2021

*Dividend paid 3/11/2021

*Dividend paid 6/10/2021

*Dividend paid 9/09/2021

*Dividend paid 12/09/2021

*Dividend paid 3/10/2022

*Dividend paid 6/09/2022

*Dividend paid 9/08/2022

*Dividend paid 12/08/2022

*Dividend paid 3/03/2023

*Dividend paid 6/08/2023

*Dividend Paid 9/14/2023

*Dividend paid 12/14/2023

*Dividend paid 3/14/2024

*Dividend paid 6/13/2024

*Dividend paid 9/12/2024

*On 9/15/20, MSFT announced a regular quarterly cash dividend of $0.56 per share, payable on 12/10/20 to shareholders, with an ex-dividend date of 11/18/20.

Company Profile

Shopify Inc. (Shopify) provides a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company offers subscription solutions and merchant solutions. The Company's software is used by merchants to run their business across all of their sales channels, including Web and mobile storefronts, physical retail locations, social media storefronts and marketplaces. The Shopify platform provides merchants with a single view of their business and customers across all of their sales channels and enables them to manage products and inventory, process orders and payments, ship orders, build customer relationships and leverage analytics and reporting all from one integrated back office. The Shopify platform includes a mobile-optimized checkout system, which is designed to enable merchants' consumers to buy products over mobile Websites.

Headquarters

151 O'Connor Street, Ground Floor
Ottawa, ON
K2P 2L8

GDDY Company Overview  

GoDaddy Inc. is a technology provider to small businesses, Web design professionals and individuals. The Company delivers cloud-based products and personalized customer care. It operates a domain marketplace, where its customers can find the digital real estate that matches their idea. It provides Website building, hosting and security tools to help customers construct and protect online presence. It provides applications that enable connecting to customers and managing businesses. The Company provides search, discovery and recommendation tools, as well as a selection of domain name for ventures. It provides productivity tools, such as domain-specific e-mail, online storage, invoicing, bookkeeping and payment solutions to run ventures, as well as marketing products. The Company's products, including GoCentral enable to build a Website or online store for both desktop and mobile. Its products are powered by a cloud platform and enable its customers to get found online.  

Company Contact

Headquarters

14455 N Hayden Rd
Scottsdale, AZ 85260-6993

Invested 2/19/2021

@ 82.33

^^^^^^^^**********22nd Highest percent gain across

all portfolios UP +99.39%.

TTD Company Overview   

The Trade Desk, Inc. is a technology company. The Company provides a self-service platform that enables clients to purchase and manage digital advertising campaigns across various advertising formats, including display, video and social, and on a range of devices, including computers, mobile devices and connected television. Its platform enables a media planner or buyer at an advertising agency to purchase digital media programmatically on various media exchanges and sell-side platforms; acquire and use third-party data to optimize and measure digital advertising campaigns; deploy their, or their client's, own first-party data in order to optimize campaign efficacy; link digital campaigns to offline sales results or other business objectives; access other services, such as its data management platform and publisher management platform marketplace, and use its user interface and application programming interfaces (APIs) to build their own technology on top of the Company's platform.  

Company Contact

Headquarters

42 N Chestnut St
Ventura, CA 93001-2662

Invested 2/28/2020

@ 276.00

After 10 for 1 stock split 6/17/2021

@ 27.60

Thank you Morgan Stanley / E*TRADE for 

the additional 10X shares in corporate account.

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*********10th Highest percent gain across all portfolios

+UP 328.08%+

***The Trade Desk Reports First Quarter 2023 Financial Results; Announces Plans for Chief Financial Officer Transition

4:01 PM ET 5/10/23 | BusinessWire

 LOS ANGELES--(BUSINESS WIRE)--May 10, 2023-- 

The Trade Desk, Inc. (NASDAQ: TTD), a provider of a global technology platform for buyers of advertising, today announced financial results for its first quarter ended March 31, 2023.

"We delivered outstanding performance in the first quarter, once again outpacing the digital advertising market, growing revenue 21% year-over-year to $383 million. Our strong start to the year is testament to the increasing value that marketers place on objective, transparent, data-driven media buying on the open internet," said Jeff Green, Co-founder and CEO of The Trade Desk. "2023 is already proving to be a pivotal year for our industry. The shift from linear to connected TV continues to accelerate and fully decisioned programmatic will feature more prominently than ever at this year's upfronts. At the same time, more leading marketers are leveraging new innovations, such as shopper data, to better understand the relationship between campaign activity and consumer action. As The Trade Desk continues to innovate in these and many other areas, we are well positioned to deliver premium value to our clients and gain share."

First Quarter 2023 Financial Highlights:

The following table summarizes our consolidated financial results for the three months ended March 31, 2023 and 2022 ($ in millions, except per share amounts):

                                             Three Months Ended 

                                                  March 31, 

                                         -------------------------- 

                                             2023          2022 

                                         -------------  ----------- 

GAAP Results 

Revenue                                   $    383      $   315 

Increase in revenue year over year              21%          43% 

Net income (loss)                         $      9      $   (15) 

GAAP diluted earnings (loss) per share    $   0.02      $ (0.03) 

 

Non-GAAP Results 

Adjusted EBITDA                           $    109      $   121 

Adjusted EBITDA margin                          28%          38% 

Non-GAAP net income                       $    114      $   105 

Non-GAAP diluted earnings per share       $   0.23      $  0.21 

 

First Quarter and Recent Business Highlights:

  --  Strong Customer Retention: Customer retention remained over 95% during 

      the first quarter, as it has for the past nine consecutive years. 

 

   --  Continued Collaboration and Support for Unified ID 2.0: The Trade Desk 

      is building support for Unified ID 2.0 (UID2), an industry-wide approach 

      to identity that preserves the value of relevant advertising, while 

      putting user control and privacy at the forefront. UID2 is an upgrade and 

      alternative to third-party cookies. Recent partnerships and pledges of 

      integration and support include: 

 

          --  In March, on stage at Forward '23: Always On, NBCUniversal 

             announced it is implementing UID2 on Peacock across all devices 

             and consumer touchpoints, including on CTV, the web, apps and 

             devices. 

 

          --  In February, Rave, a leading group video-viewing platform with 

             over 70 million users announced its support and enablement of 

             UID2. 

 

          --  In January, Paramount Advertising announced its integration with 

             UID2 to scale identity on its CTV inventory. 

 

 

 

   --  OpenPath: OpenPath gives our clients a simplified, direct connection to 

      participating premium publishers across the open internet. By supporting 

      an objective, transparent supply path, OpenPath helps to maximize value 

      for everyone involved. OpenPath is already live with a series of 

      publishers representing thousands of destinations across connected TV, 

      mobile, display and audio. 

 

   --  Industry Recognition (2023): 

 

          --  Digiday Video and TV Awards - Best TV/Streaming Ad Sales Product 

             of the Year 

 

          --  Business Insider Rising Stars of AdTech - Ellen Mulryan, Sr. 

             Dir. of Retail Data Partnerships 

 

          --  Quadrant Knowledge Solutions SPARK Matrix for Ad Tech - 

             Technology Leader 

 

          --  Stevie Awards for Customer Service Success - Bronze, Technology 

             Industries 

 

 

 

   --  Share Repurchases: We repurchased $293 million of our Class A common 

      stock in the first quarter of 2023. As of March 31, 2023, we had $407 

      million available and authorized for repurchases. 

Chief Financial Officer Transition:

The Company also announced the promotion of Laura Schenkein to Chief Financial Officer, succeeding Blake Grayson, who will be leaving the company for a senior finance role outside the advertising technology industry after a transition period. Ms. Schenkein will assume her new role effective June 1, 2023.

"Blake has been instrumental in scaling and advancing our finance function in a way that has helped us thrive and grow during the unprecedented events of the last three years," said Mr. Green. "He leaves a very strong foundation for future growth, and I want to thank him for his partnership and support in a seamless transition."

"Laura Schenkein is a veteran of almost 20 years in finance and investment banking, the last decade of which she has held a series of leadership positions at The Trade Desk," Mr. Green continued. "She is a trusted advisor to me and other senior leaders at the company, based not only on her unparalleled understanding of the financial dynamics of The Trade Desk, but also the macro-market drivers of our business. I could not be more excited to welcome Laura to our leadership team."

"I am very grateful for the opportunity to have worked closely with Jeff and the outstanding team at The Trade Desk over the past three years, and I look forward to cheering on the continued success of the company in the years ahead," said Mr. Grayson.

Financial Guidance:

Second Quarter 2023 outlook summary:

  --  Revenue at least $452 million 

 

   --  Adjusted EBITDA of approximately $160 million 

We have not provided an outlook for GAAP Net Income or reconciliation of Adjusted EBITDA guidance to Net Income, the closest corresponding U.S. GAAP measure, because Net Income outlook is not available without unreasonable efforts on a forward-looking basis due to the variability and complexity with respect to the charges excluded from these non-GAAP measures; in particular, the measures and effects of our stock-based compensation expense that are directly impacted by unpredictable fluctuations in our share price. We expect the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results. 

CRWD Company Overview

CrowdStrike Holdings, Inc. is a provider of cloud-delivered solution for the endpoint protection. The Company's Falcon platform is comprised of two integrated technologies: lightweight agent and threat graph. The platform offers a set of cloud-delivered technologies that provides a wide range of products including antivirus, endpoint detection and response (EDR), device control, managed threat hunting, information technology (IT) hygiene, vulnerability management and threat intelligence. Its cloud modules include Falcon Prevent, Falcon Insight, Falcon Device Control, Falcon OverWatch, Falcon Discover, Falcon Complete, Falcon Spotlight, Falcon X, Falcon Search engine and Falcon Sandbox. Its Falcon Prevent provides antivirus capabilities to customers, delivering protection to defend customers against both malware and fileless attacks. Its Falcon Complete provides monitoring, management, response and remediation solution to its customers.

Company Contact

Headquarters

150 Mathilda Pl Ste 300
Sunnyvale, CA 94086-6012

Invested 6/18/2019

@ 73.2563

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*********************9th Highest gain across 

all portfolios +UP 330.57%+

*MW CrowdStrikes stock soars as earnings impress in face of cybersecurity jitters

8:14 PM ET 3/5/24 | MarketWatch

By Emily Bary

Earnings from some cybersecurity peers this quarter were met with sharply negative reactions, but CrowdStrike's earnings seemed to wow Wall Street

CrowdStrike Holdings Inc. shares exploded 24% higher in Tuesday's extended session after the cybersecurity company delivered an upbeat forecast on top of its better-than-expected quarterly results.

For the fiscal first quarter, CrowdStrike (CRWD) models $902.2 million to $905.8 million in total revenue, along with 89 cents to 90 cents in adjusted earnings per share. Analysts tracked by FactSet were looking for $900 million and 82 cents, respectively.

Looking to the full fiscal year, CrowdStrike's management is anticipating about $3.925 billion to $3.989 billion in revenue, as well as $3.77 to $3.97 in adjusted EPS. The revenue forecast beat the $3.938 billion consensus view at the midpoint. The earnings outlook came in ahead of the FactSet consensus, which was for $3.76.

The upbeat stock movement for CrowdStrike in the extended session comes after shares dropped about 5% in Tuesday's regular session. In general, there have been some jitters among cybersecurity investors after Palo Alto Networks Inc. (PANW) delivered a downbeat outlook in mid-February and Zscaler Inc.'s (ZS) results last week were met with a negative stock reaction.

CrowdStrike logged fourth-quarter net income of $53.7 million, or 22 cents a share, whereas it recorded a net loss of $47.5 million, or 20 cents a share, in the year-earlier period.

On an adjusted basis, CrowdStrike's earnings per share roughly doubled to 95 cents from 47 cents, while analysts tracked by FactSet had been modeling 82 cents.

Revenue increased to $845.3 million from $637.4 million, whereas analysts were looking for $839.1 million.

CrowdStrike's ending annual recurring revenue grew 34% from a year earlier, the company said. Net new ARR growth accelerated to 27%.

"Our achievements in fiscal 2024 represent another high-water mark for CrowdStrike and we remain relentlessly focused on profitably scaling the business to $10 billion ARR and beyond," Chief Financial Officer Burt Podbere said in a release.

The company also announced plans to acquire Flow Security in a deal that it says will enhance its cloud-data protection.

CrowdStrike is "expanding our cloud leadership by protecting data in all states as it flows through the cloud, and ... redefining the future of data protection by securing data from code, to application, to device and cloud," its chief executive, George Kurtz, said in a release.