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ROBO Temporary: Nearsightedness No Extra?


Listed below are some highlights of two revolutionary corporations that beat expectations because of the rising demand for provide chain options and cybersecurity. We additionally focus on a groundbreaking know-how that helps to deal with nearsightedness.

We’re additionally internet hosting a webinar on Sept. 14th @ 11 am ET about how robotic options are tackling materials dealing with challenges in warehouses. Cannot make it stay? Register anyway and we’ll ship you a recording. Please take pleasure in these insights from our analysis crew.

ROBO: Manhattan Associates Beats Income & Earnings Expectations

Manhattan Associates (NASDAQ: MANH), a number one supplier of unified omnichannel and digital provide chain options and a member of our ROBO index, works with blue chip prospects worldwide, equivalent to DHL, Adidas, Sysco, and Walgreens Boots Alliance. The corporate beat expectations on income and earnings for the second quarter and raised steerage for the second time this yr, seeing outperformance throughout the board throughout verticals equivalent to retail, manufacturing, and wholesale. 

There was additionally demand from each new and current prospects, representing roughly a 50/50 break up of complete bookings for the second quarter. Over the last quarter, Manhattan Associates went stay with over 100 new cloud prospects who have been on the lookout for methods to raised navigate sophisticated provide chains and inflationary strain with higher operations and stock administration. Additionally breaking pattern vs most others, the corporate employed over 300 folks within the first half of the yr whereas shopping for again inventory – displaying administration’s robust confidence.

 

THNQ: AI-powered Safety Supplier Posts Highest Billings in Years

Palo Alto Networks, a world cybersecurity chief and a member of the THNQ index, delivered robust billings efficiency with better-than-expected steerage for fiscal 2023. Revenues elevated 27% YoY, whereas billings rose 44% YoY—the very best they’ve reported in 4 years—pushed by robust demand for its cloud-based firewall options. Whereas provide constraints will likely be a headwind for a number of quarters, they’re beginning to see indicators of easing.

Over the approaching quarters, Palo Alto Networks ought to proceed to learn from cybersecurity tailwinds as prospects search out AI-driven options for sooner detection and investigations amid rising digital threats. With a brand new product cycle of their next-generation platform, $925m inventory buyback program and powerful steadiness sheet, Palo Alto Networks is poised to outperform its friends.

 

HTEC: Nearsightedness No Extra? Staar Surgical’s Imaginative and prescient is Crystal Clear

HTEC member Staar Surgical simply launched within the US, and we consider this may drive a brand new period of progress for years to return. Staar is the worldwide producer of a proprietary EVO Implantable Collamer Lens (ICL), which is implanted within the eye to deal with myopia, or nearsightedness. The EVO process is very efficient and competes with different therapies for myopia, equivalent to eyeglasses, contact lenses, or different surgical procedures like LASIK. In contrast to contacts, EVO doesn’t trigger dry eye. Moreover, the EVO process wholly preserves the attention and is 100% reversible—not like LASIK, which makes use of a laser to chop tissue from the entrance of the cornea, which is a everlasting alteration. 

Since launching in China in 2006, Staar Surgical has achieved 20% market share. Regardless of the current lockdowns in China, the corporate not too long ago introduced one other file quarter. We consider this momentum will likely be sustained following FDA approval and US launch earlier this yr. To make sure this, Staar has invested closely in advertising, together with the current partnership with Joe Jonas to share his personal optimistic EVO expertise together with his 30 million followers on social media.


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