2 software companies are up by more than 20 % today (Nuix and Gentrack) following an update of their results.
It comes after the share price of another software company, Integrated Research (IRI), increased by around 100 % since they published an update at the beginning of May.
Not many things in common for these 3 companies, as they operate in different sectors.
Main point may be their customer profile : large enterprises/government entities.
And the fact that they are global companies.
Also interesting to note that these 3 software companies can be considered recovery stories, more than regular growth companies.
Their recovery is driven both by better top line and a good cost control.
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David DeTata, Managing Director
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