NTO seems to have had some nitro behind it over the last few weeks rocketing up $1.20 in late June to $1.64 yesterday. Results are due next week and I have concerns re some operational expense increases. IT and tech costs have gone up substantially for a lot of tech companies. I wonder about the outcomes here? Let us hope for better-than-expected financials. SP seems to be thinking it will be.
I must admit, you can't tell these days. I really liked the last quarter's report but the SP really didn't get excited until now. Should be a fair bit more cash that needs distributing to our excellent shareholders as long as costs are contained.
Ann: Nitro Software Q2 FY22 Business Update and Investor Briefing, page-2
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