Steve Murphy

8 statements across 1 episodes · 7 bullish · 0 bearish · 1 people on the record · first statement Mar 10, 2021 by Steve Murphy · across every show →

On the record as a speaker too: Steve Murphy's record, appearances and statements → this page counts the times other people say the name.

Everything said about Steve Murphy, oldest first

Mar 10, 2021 positive

Assertion Not checkable as stated

Murphy: Epicor quarterly bookings shifted from 90% on-prem to 60% SaaS

“Four years ago in a given quarter, we would book a 90% on-prem. 10% SAS or less. In the most recent quarter, it was a sixty-forty split. It's flip-flop. So, 60% SAS, 40% on-prem.”

Steve Murphy Mar 10, 2021 ▶ 6:48 Epicor Targets $1b Run Rate, 50% Pure SaaS. $300m SaaS ARR Today.

Mar 10, 2021 positive

Assertion Supported

Murphy: Epicor Refinanced Over $2B in Debt to Cut Rates 125 Bps

“In the last six months, and this is all, you know, public record. We went back into the markets and we're able to refinance the first lane and do really well on it. And we had earned the right to do that... We didn't go out and, you know, get a dividend or do …”

Steve Murphy Mar 10, 2021 ▶ 16:02 Epicor Targets $1b Run Rate, 50% Pure SaaS. $300m SaaS ARR Today.

Mar 10, 2021 positive

Opinion

Murphy: Epicor needs 50%+ recurring revenue in SaaS before public listing

“I think it's half the Of our recurring revenue, half or more of our recurring revenue needs to be SaaS cloud revenue, and we're right about there.”

Steve Murphy Mar 10, 2021 ▶ 19:16 Epicor Targets $1b Run Rate, 50% Pure SaaS. $300m SaaS ARR Today.

Mar 10, 2021 bullish

Prediction Held up

Epicor CEO: Epicor will hit $1B revenue this year with 25-33% cloud

“We've built that business into about a quarter of a billion dollars. We'll be about a billion dollar top line business this year. And between a quarter and a third of that now is the cloud.”

Steve Murphy Mar 10, 2021 ▶ 4:31 Epicor Targets $1b Run Rate, 50% Pure SaaS. $300m SaaS ARR Today.

Mar 10, 2021 positive

Insight

Murphy: PE buyouts succeed when structured as bonds with call options

“Demonstrate over a period of maybe a year and a half or two years, six to eight quarters to the investment community that you've got a, it's kind of like a bond with the call option. You've got this bond, which is the recurring revenue stream. The call options…”

Steve Murphy Mar 10, 2021 ▶ 15:37 Epicor Targets $1b Run Rate, 50% Pure SaaS. $300m SaaS ARR Today.

Mar 10, 2021 positive

Insight

Murphy: PE-backed firms need liquidity events every 3 to 4 years

“I think where people get in trouble is when they want to create liquidity too frequently in private equity, you can't do it every year or every other year. Maybe it's every three years, or if they think they can wait five to 10 years, then you lose good people…”

Steve Murphy Mar 10, 2021 ▶ 18:26 Epicor Targets $1b Run Rate, 50% Pure SaaS. $300m SaaS ARR Today.

Mar 10, 2021

Assertion Not checkable as stated

Murphy: Epicor has 4,000 employees, with 100 heavily equity-compensated

“We've got 4000 employees, but a hundred or so, most of what they make is in stock or a big portion of what they make is in stock.”

Steve Murphy Mar 10, 2021 ▶ 17:41 Epicor Targets $1b Run Rate, 50% Pure SaaS. $300m SaaS ARR Today.

Mar 10, 2021 positive

Disclosure

Murphy: Epicor reaches ~70% recurring revenue and $300M-$350M SaaS ARR

“So I'd say we're about 70% recurring, so we'll say 700,000,006 75 is recurring, and I'd say at around 300 to three 50 we're clearly we've crossed the saturation point sass.”

Steve Murphy Mar 10, 2021 ▶ 19:24 Epicor Targets $1b Run Rate, 50% Pure SaaS. $300m SaaS ARR Today.

Steve Murphy

Everything said about Steve Murphy, oldest first

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