Long at $26.50 Stoney! Whats not to like: Fourth Quarter and Full Year Financial Highlights •Q4 revenue $810.2 million, up 14% year-over-year •Full-year revenue $2.8 billion, up 26% year-over-year •Q4 subscription services revenue $265.1 million, up 23% year-over-year •Full-year subscription services revenue $961.3 million, up 30% year-over-year •Q4 subscription annual recurring revenue (ARR) $1.1 billion, up 30% year-over-year •Remaining performance obligations (RPO) $1.8 billion, up 24% year-over-year •Q4 GAAP gross margin 69.3%; non-GAAP gross margin 70.8% •Full-year GAAP gross margin 68.9%; non-GAAP gross margin 70.7% •Q4 GAAP operating income $64.6 million; non-GAAP operating income $158.6 million •Full-year GAAP operating income $83.5 million; non-GAAP operating income $457.2 million •Q4 GAAP operating margin 8.0%; non-GAAP operating margin 19.6% •Full-year GAAP operating margin 3.0%; non-GAAP operating margin 16.6% •Q4 operating cash flow $233.0 million; free cash flow $172.8 million •Full-year operating cash flow $767.2 million; free cash flow $609.1 million •Total cash, cash equivalents, and marketable securities $1.6 billion •Returned approximately $67.5 million and $219.0 million in Q4 and FY23, respectively, to stockholders through share repurchases of 2.4 million shares and 7.8 million shares, respectively •Authorized incremental share repurchases of up to an additional $250 million under its stock repurchase program
Stoney!!! Hey I'm being serious now. I've crunched the numbers, and I'll double check, but free cash flow went thru the roof. They have their conference call at 2PM Pacific, ie 8 minutes. This thing is gonna bounce hard. $26.75 is a steal!
Forward guidance is usually a big deal on good reports like this. Hope yer right Vanz, for stoney's sake!
Athabaska Oil ( ATH ) reports a massive quarter. Net income three months 0.81 is huge for a stock priced at $3. I've been buying this off and on since it was 0.14 in October 2020. They'll be buying back 10% of their stock so lot of momentum coming. Hopefully well received it's my largest position.
Stoney the only thing I can find wrong with PSTG is their forecast revenue for 2023 is mid to upper single digits. They just did 26% yoy. Everything else is solid. I calculated $2/share in FCF. Unless I'm missing something, it should go back up. -10% though. $25.83
UH-Oh I hope you didn't those calls Option King. You'll be 0-3 this week. BJ's WDAY PSTG I just clicked on Bloomberg and what did I see.... "Fed talk: 'rates will be higher for longer.'" Even the best of reports can't be saved when the tide pulls out. What was it Warren said? “It's only when the tide goes out that you learn who's been swimming naked.” Tomorrow's news today: I should know by now not to listen to you when the bigger picture is involved. From here on out Stoney, GBA is gonna keep you in your lane... you are relegated to biotechs only.