As companies continue with the remote working structures, with many adopting cloud platforms as part of their digital transformation efforts, the software-as-a-service (SaaS) industry should grow solidly. We think SaaS stocks QAD (QADA) and Absolute Software (ABST) are well-positioned to cash in on the industry tailwinds. Conversely, their declining financials could leave Workiva (WK) and Paycor HCM (PYCR) in jeopardy of a downturn in the near term. Let’s discuss.
QAD (QADA) delivered earnings and revenue surprises of 23.08% and 3.88%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?
NEW YORK, NY / ACCESSWIRE / August 19, 2021 / Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: QAD Inc. (NASDAQ:QADA) concerning potential violations of the federal securities laws and/or breaches of fiduciary duties relating to its sale to Thoma Bravo for $87.50 in cash per share of QAD Class A Common Stock or QAD Class B Common Stock.If you are a QAD shareholder, click here to learn