Despite revenue growth, Q2 Holdings, Matterport, and Agilysy...

Moomoo AI Oct 20, 2023 23:13

Despite revenue growth, Q2 Holdings, Matterport, and Agilysys offered lackluster Q2 performance and weaker guidance. Toast and Veeva Systems outperformed, with Toast showing notable sales guidance. Still, except for Veeva Systems, stock prices lowered for all due to a potential sector downturn amid a pivot from costly tech stocks to profit-led investments spurred by rising interest rates.

Q2 Earnings Highlights: Q2 Holdings (NYSE:QTWO) Vs The Rest Of The Vertical Software Stocks

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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