Post by
Possibleidiot01 on May 15, 2023 10:46am
earnings thoughts
I feel good about these especially if you add in the foriegn exchange headwinds (4-5%). In addition ,when the company says
"Commenting on the Company’s M&A activities, Mr. Wolf stated, “We have an extensive pipeline and are actively working on multiple acquisition opportunities. With significant cash on hand, our unused line of credit, and further debt capacity, we are well positioned to continue to execute on our acquisition program.”
I think we can believe them because they mention expenses on M and A ( last finished acquisition was Microptic - November,2022) - "Net income was down, largely due to significant M&A related expenses that we incurred in the quarter.”
A consolidator with good organic growth - "Our organic growth, which eliminates the effects of both acquisitions and exchange rates, was up 15% for the quarter, reflecting continued market share gains.
Comment by
dogatcat on May 25, 2023 1:20pm
Overall market malaise has kept the shares down. This company has a very solid position in the rapidly growing IVF market. Just keeps growing and consolidating. IVF is now being added to many company health plans. I think you are going to see some major growth in this industry and HTL will be riding the wave much higher.
Comment by
dogatcat on Jun 12, 2023 4:14pm
I picked up 10,000 more at $146 today! Nice little gift as it sold down on relatively small volume.