As circuit lines approach the width of a light beam, such quantum computer techniques become a key to increasing compute speed.įor the first six months of 2020, FormFactor's revenues grew almost 18% YoY to $270.2 million, while adjusted profits jumped 66% to $51.9 million. These can be important in testing quantum computers, which deliver results based on the spin of individual atoms. These now include probes designed for use in cryogenic environments, as low as 4 degrees (kelvin) above absolute zero.
Among the former group is William Blair analyst Jason Ader (Outperform, equivalent of Buy), who likes that a higher percentage of software revenue now comes from cloud subscriptions. Twice as many analysts covering CVLT call it a Buy, putting it among Wall Street's top small-cap tech stocks at the moment. Disaster Recovery, for instance, lets customers quickly launch backups of their workloads in the event of an outage. In September, CommVault announced it would make several products – New Commvault Disaster Recovery, Commvault Backup & Recovery and Commvault Complete Data Protection – available to general customers. That means about 80% of revenues are on some sort of subscription basis, which is typically viewed as more stable and predictable. That included a 24% improvement in recurring revenue to $141.1 million. The company's most recent quarterly results, for its fiscal Q1 ending in June, included revenues of $173.0 million, up 7% year-over-year.
The New Jersey-based firm says its software makes it a leader in data resiliency.
But in some cases, the juice is worth the squeeze. You always have to accept some risk when you buy small-cap stocks, especially when they're in the technology sector.