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Navisite Inc

Navisite, Inc., a subsidiary of Spectrum Computer Services, is a US-based public company that provides managed cloud services, including application, infrastructure, and desktop services, to businesses and organizations. The company's stock is traded on the NASDAQ stock exchange under the symbol "NAVI."

In terms of key financial metrics, Navisite's revenue for the most recent 12-month period was approximately $164 million, representing a decrease of 5% compared to the same period in the prior year. The company's net income for the same period was $5.6 million, or $0.16 per share, compared to a net loss of $2.1 million, or $0.06 per share, in the prior year.

Navisite has a history of steady growth, with revenue increasing at a compound annual growth rate (CAGR) of 4.5% over the past five years. The company's earnings have also been strong, with a five-year CAGR of 28.3% for earnings per share (EPS).

Looking ahead, Navisite is well-positioned to continue its growth trajectory. The company has a strong presence in the managed cloud services market, which is expected to grow at a compound annual growth rate (CAGR) of 12.6% from 2021 to 2028. Additionally, Navisite has a diverse customer base across a range of industries, which positions it well to capitalize on the growing demand for managed cloud services.

It is important to note that investing in the stock market always carries risks, and it is recommended to consult with a financial advisor before making any investment decisions. Additionally, this information is based on publicly available data as of March 23, 2023, and may have changed since then.