Gridstone Research provides
professionals engaged in company research
with unique analysis and data that has never
been available before.
Operational Data are non-financial data
like Number of deals over $1 million for
a licensed software company or Utilization for an IT Services company. Every industry
has a different set of Operational Data
that are important to that industry and
are regularly disclosed by companies . For
the first time, these numbers are available
as data, not buried in large text documents
like SEC filings or conference call transcripts.
Gridstone captures Guidance on all parameters
that a company guides on, not just standard
financial parameters like Revenue and EPS.
For example, Guidance on 'Gross hiring plans'
is critical for an analyst modeling an IT
Services company. Guidance Data is tracked
as it changes over time.
Besides Financial Data from financial statements
that is more widely found in data services,
Gridstone captures data from footnotes as
well as detailed Financial Data like Revenue
by Product or Geographic Region.
Analysts are interested in not just the
numbers but also the Commentary behind the
numbers. 'What did management say about
the revenue growth two quarters ago?' 'What
reasons did they give for the lower gross
margins in the last quarter?' Thus far,
the answers to such questions were buried
deep in earnings call transcripts or SEC
filings. With Gridstone they are just two
To structure and organize this information,
Gridstone Analysts build templates of parameters
for each industry and each company in the
industry. The patent-pending taxonomy used
to build these templates makes them flexible
enough to accommodate the wide variety of
business models and reporting methods used
in an industry. At the same time they retain
enough structure to allow comparisons across
companies. As companies change, the taxonomy
also changes with them.
Gridstone currently covers publicly available
sources of information such as SEC Filings
(10K/Qs), significant 8Ks, Earnings Releases
and Earnings Calls. We plan to add new data
sources as our coverage expands.
Gridstone currently covers companies in
a limited number of industries. The company
coverage list is expanding every week and
will ultimately include all large and mid
cap US listed companies across all sectors.
To request more details on our coverage
plan, please click