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.
