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Re: SGE Stream Log
10:59 25/05/2016
Simbrad
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Read Panmure Gordon & Co's note on Sage Group, out this morning on Research Tree: "While Intuit shares fell after hours, nonetheless the company beat Q3 and raised FY guidance. The readacross for Sage is that it was Intuit’s online edition of Quickbooks which was at the heart of the beat – Sage needs to up its cloud game. Intuit reported Q3 EPS US$3.43 ex-items vs consensus (source FactSet) US$3.21 with revenue +8% to US$2.30Bn vs consensus US$2.25Bn. Q4 Guidance: EPS breakeven vs consensus..."

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