Madison Park Group Insight – Q2 2021 Earnings Roundup
Madison Park Group actively monitors public equity market activity and stays abreast of industry trends, financial performance, and notable investment activity. In our Earnings Roundup, readers will explore a dive into a record-setting quarter of earnings releases across the S&P 500 with a specific focus on the Technology sector. Led by the Big Five Tech firms, revenue growth and EPS performance beat expectations nearly across the board with 96.8% of companies that have reported to-date surpassing analyst’s forecasts.
With the COVID-driven volatility having subsided, the current window of stability has created a boon of pent-up demand for investing and M&A activity within S&P 500-tracked Technology companies. Over $220 billion of R&D and CapEx spending has been deployed by companies within the sector within the last twelve months while cash is being invested in M&A transactions at a significantly higher rate than the previous twelve-month period.
Keep an eye out for our upcoming Industry Reports and Insights Publications.
Madison Park Group is a strategic M&A and capital raising advisor to the global technology economy. The firm’s practices focus on software and solution providers supporting a wide variety of major technology platforms and has guided over 100 founder and investor-backed companies through both strategic M&A and capital raising transactions. Leaders in the technology economy trust our commentary, analysis, and advice when it comes to their most critical operational, financial, and strategic decisions.
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