4 Software Stocks Set to Beat Estimates This Earnings Season

Software stocks’ quarterly performance is expected to have significantly benefited from an uptick in the demand for software-based services and products as a result of the coronavirus-led growing work-from-home and learn-from-home trends.

Increased spending by enterprises on software procurement, the growing proliferation of Software-as-a-Service or SaaS-based services, the rapid migration to cloud platforms, solid adoption of video-conferencing software and rising user penetration of online payment solutions are likely to have remained major tailwinds for software companies in the fourth-quarter 2020.

Solid performance delivered by Microsoft MSFT indicates resiliency in the software industry amid the ongoing pandemic. Its recently reported quarterly results were driven by strong momentum in Azure and impressive Teams user growth, triggered by ongoing digital transformation, and remote working and learning trend.

Further, PayPal’s PYPL strong fourth-quarter 2020 results, which were driven by solid momentum across Venmo and strong customer engagement that led to a spike in

Read More

VLC 4.0 coming this year with new interface for the popular video player

Version 4.0 of VLC, the popular cross-platform media playing software, is planned for release in the coming months, Protocol reports. The big new feature is a redesigned interface, which VideoLAN foundation president Jean-Baptiste Kempf hopes will look “a bit more modern.” Protocol also reports that the team is working on integrating more online content into the software, as well as a new way of running VLC in a webpage. It also has an IMDb competitor in the works.

VLC’s developer VideoLAN gave the world a peek at what this new interface could look like way back in February 2019 at the FOSDEM conference. Screenshots released at the time show an interface that ditches the player’s dated light grey color scheme in favor of a design featuring transparent interface elements, and modern-looking icons. “Do not worry,” Kempf jokes when presenting the images, “You can still use a command

Read More