$SPSC

Upgrades 10/29: $AGYS $ARGX $AXU $AYX $BC $BTU $CAT $CHKP $CNSL $DRVN $EQT $HBNC $HLI $LOB $PFBC $RPRX $SAIA $SIMO $SYF $TAK $VC $XEL . Downgrades 10/29: $BSIG $FTDR $FUTU $HSY $MO $MPWR $NEXA $NLY $NOC $NVO $PAA $PAGP $SBUX $SPSC $STM $SWI $WERN $ZEN

Technology, Media & Telecom Apple Inc. (AAPL) shares fall -5%; Q4 revs $83.36B vs. est. $84.69B; EPS in-line at $1.24; Apple missed expectations in two key categories. Apple said Q2 iPhone sales were $38.9 billion, short of estimates of $41.5 billion, accessories segment, which contains fast-growing categories like its AirPods wireless headphones, came in at $8.8 billion, half a billion dollars lower than analyst expectations of $9.3 billion; Sales for iPads and Macs were $8.3 billion and $9.2 billion, compared with analyst estimates of $7.2 billion and $9.2 billion respectively A 10 networks (ATEN) 3Q adj EPS $0.17 vs est. $0.14 on revs $65.4Mm vs est. $62.5Mm; guides 4Q revs about +10% vs est. +6.5%; says board authorized new $100Mm share repurchase program Atlassian Corporation Plc (TEAM) Q1 EPS $0.46 vs est. $0.40 on revenue $614M vs est. $582.3M; sees Q2 EPS 35c-38c vs est. 44c on revenue $630M-$645M vs est. $621.8M Cohu Inc. (COHU) 3Q EPS $0.48 vs est. $0.69 on revs $225.1Mm vs est. $228Mm; guides 4Q sales $182-195Mm vs est. $203.8Mm; authorized $70Mm share repurchase program MicroStrategy (MSTR) Q3 adj EPS $1.88 vs est. $1.25 on revenue $128M vs est. $127.5M; added nearly 9,000 Bitcoin in the quarter bringing its total holdings to over 114,000 Bitcoin with a carrying value over $2.4B Monolithic Power Systems, Inc (MPWR) 3Q EPS $1.44 vs. est. $2.00 on revs $323.5Mm vs. est. $316M; sees Q4 revs $314M-$326M vs. est. $306.62M; sees Q4 GAAP gross margin between 56.0% and 56.6% National Instruments (NATI) 3Q adj EPS $0.42 vs est. $0.18 on revs $367Mm vs est. $374Mm; guides 4Q adj EPS $0.47-0.61 vs est. $0.34, sees 4Q revs $385-425Mm vs est. $409Mm Power Integrations (POWI) Q3 adj EPS $0.84 vs est. $0.78 on revenue $176.8M vs est. $175.1M; raised dividend to $0.15 from $0.13, added $50M to buyback authorization for new total of $105M; sees Q4 revs $65M-$75M (est. $70.5M) SPS Commerce (SPSC) 3Q adj EPS $0.47 vs est. $0.42 on revs $97.9Mm vs est. $97.4Mm; guides 4Q revs $99.9-100.5Mm vs est. $100Mm, sees 4Q adj EPS $0.41-0.42 vs est. $0.41; guides FY revs $382.4-383Mm vs est. $382Mm, sees FY adj EPS $1.76-1.77 vs est. $1.72 SS&C Technologies (SSNC) 3Q adj EPS $1.32 vs est. $1.19 on revs $1.264B vs est. $1.232B; guides 4Q adj EPS $1.17-1.25 vs est. $1.20, sees 4Q revs $1.225-1.275B vs est. $1.251B; guides FY CAPEX 2.6-3.0% of revs Udemy (UDMY)5M share IPO priced at $29.00 Verisign (VRSN) 3Q EPS $1.40 vs est. $1.37 on revs $334Mm vs est. $332Mm Vocera Comm (VCRA) 3Q EPS $0.06 on revs $63.6Mm; deferred revs & backlog was $252.7Mm; guides FY revs $226-230Mm vs est. $228.9Mm Western Digital (WDC) 1Q adj EPS $2.49 vs est. $2.45 on revs $5.1B vs est. $5.05B; guides 2Q adj EPS $1.95-2.25 vs est. $2.67, sees 2Q revs $4.7-4.9B vs est. $5.26B Wrap Technologies (WRAP) 3Q EPS ($0.15) vs est. ($0.16) on revs $1.8Mm vs est. $2.35Mm Zendesk (ZEN) Q3 adj EPS $0.17, in-line with ests; Q3 revs $347M vs. est. $335.1M; entered into a definitive agreement under which Zendesk will acquire Momentive, including its iconic SurveyMonkey platform; raises FY21 revenue view to $1.329B-$1.335 from $1.31B-$1.318B

+Initiations 10/11: $ACT $AIKI $BROS $COGT $DH $DICE $DKNG $EMX $ETWO $FORG $GIPR $JKS $KORE $LFG $MANH $ONON $PRCT $PXLW $SOFI $SPSC $SRAD $SRZN $TWKS $TYRA $XOS