The Canadian company, which makes cloud software for law firms, financial services and government, reported a 494 per cent revenue increase last quarter after a slew of acquisitions. Its shares closed up more than two per cent Tuesday, after it reported a $6.3-million net income, despite losing $40.8 million in the full fiscal year. (The Logic)

Talking point: Executives refused to take analyst questions on the earnings call, citing acquisition interest from a shareholder group. In May, a group led by the company’s management offered to take it private, less than a year after its public offering. The lead manager at one major shareholder firm has told Bloomberg he opposed the deal, and the board said it would review strategic alternatives, including selling all or part of the company. While no updates were offered on the call, a Tuesday note from CIBC Equity Research suggested a buyout looks “increasingly likely.”