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Bullboard - Stock Discussion Forum Sensio Technologies Inc SNIOF

Sensio Technologies Inc develops and markets stereoscopic technologies for consumer electronics, digital broadcasting and digital cinema markets.

GREY:SNIOF - Post Discussion

Sensio Technologies Inc > Awful results
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Post by Polebrook on Oct 28, 2015 4:18pm

Awful results

$80K in revenue (down 7% since last quarter), added a whopping 3.3K users to 3DGo (31K is a long way off 50K and it seems unlikely they'd hit 50K by the end of the current quarter) which resulted in a 2% decline in rental income quarter on quarter despite an 11% increase in registered users. And they spent another $630K getting there to reduce their cash to around $900K as at the end of August (financials aren't up on Sedar yet). How can anyone defend this latest set of results???
Comment by Rabiddoberman on Oct 28, 2015 4:39pm
Polebrook, when you ask how anyone could defend these results... Don't worry, we're about to find out! I'll make sure to get my bag of popcorn ready before I read deperately optimistic accounts of how Samsung, the european deployment, future patent licensing or Bruce Campbell's rumors from management will somehow completely reverse the tide. What's this I hear? Sounds like ...more  
Comment by 3D_Guy on Oct 28, 2015 4:54pm
As I have been repeating to deaf ears for what seems like years, now, there is no market interest in 3D at home outside of a core group of "crazy 3D enthusiasts".  A group which is way too small to keep SIO alive. It's not the first time an entrepreneur conflates his personal passions with an actual consumer need. From day one, 3D at home was an artificial market propped up by ...more  
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