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SKYY - Topicus Q1 Earnings: Looking Ahead
May, 09 2022 11:59 AM
First Trust ISE Cloud Computing Index Fund
Topicus reported non-extraordinary results for Q1 but future quarters will be much stronger. The stock had a poor reaction due to the market’s short-termism. It’s impossible to get the timing right with serial acquirers so you shouldn’t expect growth in a straight line. We dig deeper than the headline numbers to explain the drop in Free Cash Flow Available to Shareholders. When it comes to acquisitions, you should always look at the big picture. For further details see:
Topicus Q1 Earnings: Looking Ahead
Stock Information
Company Name:
First Trust ISE Cloud Computing Index Fund
Stock Symbol:
SKYY
Market:
NASDAQ
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