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Attunity Reports Fourth Quarter and Full Year 2018 Results License Revenue Growth of 67% in Q4 2018 and 61% in FY 2018; Total Revenue Growth of 42% in Q4 2018 and 39% in FY 2018; Estimated FY 2019 Revenue of $104 Million to $108 Million attunity.com “The fourth quarter was a very strong end to a record year for Attunity. In the quarter, we achieved license revenue growth of 67% year-over-year and total revenue growth of 42% year-over-year,” stated Shimon Alon, Chairman and CEO of Attunity. “We won a record number of strategic deals, demonstrating the value of our solution to companies building modern analytics and cloud solutions. In addition, we are seeing a higher attach rate of Attunity Compose, our solution for automating the delivery of analytics-ready data sets for data lakes and data warehouses, a trend we expect to see continue in 2019.”
“We are excited about the market opportunity and the momentum that we are seeing in our business as we continue to focus on building the company to reach over $200 million in revenue over the next several years. We are increasing investments in sales, marketing and product innovation, which we believe will enable us to capture a growing share of the large market opportunity, continue to win large, strategic accounts, and strengthen our leading brand in the data integration market,” concluded Mr. Alon.
Shopify (NYSE:SHOP) (TSE:SHOP) was upgraded by analysts at Royal Bank of Canada from a "sector perform" rating to an "outperform" rating. They now have a $230.00 price target on the stock, up previously from $180.00
When it comes to style investing, pure style indices that select and weight securities based on their style scores tend to be less correlated with each other, have higher return spreads, and higher betas to the benchmark than the traditional market-cap-weighted style indices that have overlapping securities.
Additionally, when one style is favored over the other, the pure style version typically does better than the traditional style. The asymmetric performance and higher market sensitivity highlights the potential for pure style indices to undergo extended periods of underperformance than their style counterparts. Because of this, market participants often partake in style rotation (holding growth or value) or hold a combination of both styles to harvest style premium.
MongoDB, Inc. Announces Fourth Quarter and Full Year Fiscal 2019 Financial Results finance.yahoo.com "MongoDB's exceptional fourth quarter performance capped a record year for the company," said Dev Ittycheria, President and Chief Executive Officer of MongoDB. "MongoDB is being adopted by an ever increasing number of companies across diverse industries who recognize the power of our next-generation database platform to drive business performance, increase agility and shorten time to market."
Ittycheria added, "MongoDB Atlas, our fully managed global, multi-cloud database service, achieved a major milestone in the fourth quarter, surpassing $100 million in annualized revenue run rate less than three years from launch. At approximately one third of our revenue, MongoDB Atlas' tremendous growth highlights its compelling value to enable customers to focus on innovation and offload the operational burden of database management."