Mitel falls after record fourth quarter results

mitel office

Shares of Mitel (TSX:MNW), Nasdaq:MITL) are off today after the company released its fourth quarter and fiscal 2014 results. In the fourth quarter, the company earned (U.S.) $10.8-million on revenue of $301.4-million, compared to a loss of $2.8-million on a topline of $144.8-million in last year’s Q4. For the year, Mitel lost (U.S.) $7.3-million on […]

Kinaxis still has meaningful upside, says Cormark


Kinaxis (TSX:KXS) has nearly doubled since its IPO, but the stock still has big upside, says Cormark analyst Richard Tse. Yesterday, Kinaxis reported its fourth quarter and fiscal 2014 results. In Q4, the company posted Adjusted EBITDA of $3.8-million on revenue of $18.8-million, in line with Tse’s expectations. “In 2014, we delivered on our goal […]

Constellation Software will struggle to justify heady valuation, says Euro Pacific

It's been a tremendous run for Consteallation Software, but analyst Andrej Krneta thinks the company may be getting toppy, valuation wise.

Constellation Software’s (TSX:CSU) growth through acquisition strategy has made it one of the great successes of Canadian tech, but the company’s top line growth is set to stall, says Euro Pacific analyst Andrej Krneta. Constellation will report its Q4 and fiscal 2014 results today after market close. Krneta expects Constellation will deliver 4.1% quarter-over-quarter top […]

Keep a close eye on Kinaxis’s subscription growth, says Laurentian’s Agostino

Kinaxis RapidResponse

Laurentian Bank Securities analyst Nick Agostino expects strong revenue growth in Kinaxis’s (TSX:KXS) upcoming fourth quarter and fiscal 2014 results, but there’s one number he will be watching closely. Agostino says subscription revenue growth “defines the long term revenue stream” for the Ottawa-based supply chain management concern. On Tuesday, February 24th, Kinaxis will follow on […]

OpenText wins minor settlement in Box infringement case

Box CEO Aaron Levie.

OpenText (TSX:OTC) today announced that a San Francisco Federal Court jury found that both Box Inc. and Carahsoft Technology Corp infringed on its patents. The court awarded the Waterloo-based company a settlement of less than $5-million. “We are pleased the jury has vindicated Open Text’s position that the three file synchronization/edit patents were both infringed […]

Absolute Software gets price target raise at PI

absolute software

Absolute Software’s (TSX:ABT) new sales strategy is delivering, says PI Financial analyst Pardeep Sangha. This morning, Absolute Software reported its Q2, 2015 results. The company earned (U.S.) $2.24-million on sales contracts of $25.2-million, up 13% from the $22.2-million the company reported in the same period last year. “We will continue to focus on strengthening our […]

Can RosterBot Find Its Way Out of the Beer League?


Workplace collaboration apps are a notable hot space in the tech sector right now, with several large players out in front. But what if your workplace is amateur sports? Enter RosterBot, a team management and scheduling tool (or is it a social network?) aimed at amateur sports leagues. Developed by Ian Andrew Bell in 2008, […]

DataWind’s margins will expand in Q3 and beyond, says Haywood


Tomorrow’s third quarter results will reveal expanding margins for DataWind (TSX:DW), a trend that will continue into 2016, says Haywood analyst Massimo Voci. On Thursday, after market, DataWind will report its Q3, 2015 results. Voci expects that DataWind’s gross margins will increase to 17.2% in the third quarter, up from 15.4% in Q2. The analyst […]