Post by
GoldenArm on Jul 22, 2022 10:10am
Earnings are out
Both revenue and earnings are down due to chip and parts shortages affecting sales of equipment and also capex pressures on hospitals which are facing labour shortages, higher labour costs and price increases due to Biden/DNC induced inflation.
However business is solid and so is their tech. Next gens are taking longer due to regulatory pressures but demand is strong. I see nothing but good thing in the future. SP is down and hurting those that bought when it was a $300/shr stock. I believe it to be a good buying opportunity.
Do you due dilignece before buying or selling.