$VZ / $ALLT Business Mobile Internet Security Plus dashboard now live. Very helpful for admins to be able to "feel" the product with security events viewable at a line level. Coupled with an enhanced spam call module, this is zero touch cybersecurity SMBs will appreciate.
$MGNI Judge Brinkema beats the buzzer before labor day! $MGNI pricing in about 70bps of share gains capitalized at 6x EBITDA which feels low to us. A small business for $GOOG at this point but plenty of revenue for Magnite, $PUBM, Index et. al to feast on.
As $OKTA lifts 27% today to trade at 8x forward revenues (for 12% rev growth and 14% CRPO growth), a reminder that faster growing $ALLT sells for ~2x est. 2027 revenues despite excellent RPO / deferred (+120% current deferred last Q), cash flow and SECaaS growth metrics.
Cybersecurity ripping off of $CRWD, $OKTA and $IGV broadly. A reminder that $ALLT did H1 FCF margin of 35% with 15% top line growth and 40%+ growth in its SECaaS business. $ALLT's leadership in network native SECaaS has shown up everywhere but the stock price this year.
$VZ BMIS (powered by $ALLT) just launched a "Plus" tier at $3.99 / month, overlaying spam call protection and unified reporting and controls atop mobile threat prevention. $ALLT is very well positioned as $VZ doubles down on network native security.
$CVNA sure that chart has a lot of resistance, discounting is upticking and P3 just upsized at lower GoS, but with Mark Walter's shares being pledged to $CITI, all will be well
$ALLT signed a contract to deliver HomeSecure for a new market in Q2. We think with $VOD and this could be a very meaningful deal depending on market. https://t.co/t2kU0mG2Mo for example has 11m fixed retail and 20m wholesale subs vs. a few million fixed subs for $VOD UK.
