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Look For MuleSoft To Kick Into Growth Mode In 2017
Thursday, April 20, 2017 - 11:53am | 501Following its attendance at Mulesoft Inc (NYSE: MULE)'s annual customer conference in San Francisco, William Blair said its interactions throughout the conference signaled strong growth outlook for the remainder of the year. Analysts Bhavan Suri and David Griffin clarified that most customers...
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Alteryx Is A Pure Play On The Democratization Of Analytics
Wednesday, April 19, 2017 - 9:07am | 363In a note released on Tuesday, William Blair termed Alteryx Inc (NYSE: AYX) as a pure-play on democratization of analytics. Given that the company's service enables more people in an organization to access information, perform analysis, and share results without assistance from technical...
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MuleSoft Is A Leading Innovator Disrupting The Integration Market
Tuesday, April 11, 2017 - 9:10am | 417William Blair’s Bhavan Suri believes Mulesoft Inc (NYSE: MULE)'s “Anypoint Platform offers one of the broadest functionality stacks of any vendor.” The analyst continued, stating the belief that the platform “ranks among the top solutions within the fastest-growing market...
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Amazon Steals The Show At Enterprise Connect Expo
Friday, March 31, 2017 - 1:17pm | 394William Blair's Bhavan Suri attended the Enterprise Connect Expo and the main takeaway of the event was Amazon.com, Inc. (NASDAQ: AMZN)'s release of its virtual contact center, Amazon Connect. Suri commented in a research report on Friday that Amazon Connect is a self-service contact center...
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How Amazon's Connect Could Impact Twilio, Zendesk, RingCentral
Friday, March 31, 2017 - 11:36am | 764William Blair’s Bhavan Suri believes “cloudbased communication vendors are poised to take advantage of the ongoing shift to the cloud” and that companies are more open to adopting cloud application, which is a meaningful change in tone as compared to 2016. The analyst maintains an...
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What It Means For Twilio That Lyft Went Shopping For A Second Vendor
Friday, March 17, 2017 - 8:03am | 322Lyft, which has been a customer of Twilio Inc (NYSE: TWLO), has added Nexmo as a potential alternative CPaaS [Communications Platform as a Service] provider for its SMS, voice and phone number needs, and may use multiple vendors, William Blair’s Bhavan Suri said in a report. Maintaining an...
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Salesforce Had A Strong Q4, Billings Exceed Expectations
Wednesday, March 1, 2017 - 11:29am | 405William Blair reiterated its Outperform rating on salesforce.com, inc. (NYSE: CRM) following its fourth quarter beat as continued expansion of large deals drove strong billings growth. Salesforce Reports Q4 Adj. EPS $0.28 vs $0.25 Est., Sales $2.29B vs $2.28B Est. Sees Q1'18 Adj. EPS $0....
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Splunk's Q4 Looks 'Healthy' In William Blair's View
Friday, February 24, 2017 - 10:06am | 251Splunk Inc (NASDAQ: SPLK) reported healthy fourth-quarter results, significantly beating expectations on all metrics, William Blair's Bhavan Suri said in a report, while maintaining an Outperform rating on the company. Results Splunk reported total revenue of $306.5 million, representing 34.7...
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Blackline Delivers Q4 That Was Solid By Any Measure
Friday, February 24, 2017 - 8:55am | 218Bhavan Suri of William Blair reiterated his Outperform rating on Blackline Inc (NASDAQ: BL) after the company reported above consensus fourth quarter results. Following is a gist of Blackline’s results: BlackLine Reports Q4 Adj. EPS $(0.08) vs $(0.12) Est., Sales $35.3M vs $34.13M Est...
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Salesforce Expected To Deliver Across The Board Beat In Q4
Wednesday, February 22, 2017 - 1:08pm | 394William Blair expects an across the board beat from salesforce.com, inc. (NYSE: CRM) when it reports its fourth-quarter results Feb. 28 on strong demand for the company’s marketing cloud, service cloud, e-commerce cloud and force.com platform. The brokerage also expects the business software...
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HubSpot Delivers With Beat And Raise In Q4 Report
Wednesday, February 15, 2017 - 9:47am | 259Bhavan Suri of William Blair reiterated his Outperform rating on HubSpot Inc (NYSE: HUBS) after the company reported strong fourth-quarter results that came in better than Street expectations. The company added more subscribers in the quarter. Related Link: Looking To Invest In The Cloud? 7 Stocks...
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RingCentral Growth Likely To Continue As AT&T Partnership 'Remains In Place'
Tuesday, February 14, 2017 - 2:02pm | 383William Blair sees the current pullback in RingCentral Inc (NYSE: RNG) as an attractive buying opportunity as it expects the company to continue to grow its subscription revenue north of 25 percent for the next few years, with incremental margins and cash flows. RingCentral, which provides cloud-...
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Opportunities Remain Healthy For Zendesk After A Solid Q4
Thursday, February 9, 2017 - 11:20am | 358Zendesk Inc (NYSE: ZEN) reported robust fourth-quarter results, with the company’s revenue rising 41 percent to $88.6 million, way ahead of the consensus forecast. William Blair’s Bhavan Suri maintains an Outperform rating on the company. Solid Q4 Zendesk reported its non-GAAP operating...
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First Impressions Of Twilio's Strong Q4 And Mixed Outlook
Wednesday, February 8, 2017 - 9:11am | 289Twilio Inc (NYSE: TWLO) reported robust Q4 results, with total revenue rising 60 percent to $82 million, beating the consensus by $7.8 million. William Blair’s Bhavan Suri maintains an Outperform rating on the company. Robust Q4 Twilio reported its non-GAAP operating income for Q4 at $0.1...
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Near-Term Headwinds For Tableau Software Aren't Going Anywhere
Friday, February 3, 2017 - 2:59pm | 330Despite fourth-quarter results topping the Street's view, William Blair kept its Market Perform rating on Tableau Software Inc (NYSE: DATA), citing headwinds from potential greater-than-expected uptake of ratable licenses. For the first quarter, Tableau sees revenue of $195 million–$205...