Post by
mingzhu on Jan 21, 2022 9:45pm
buy after Q1 financials in May
Q1 will be weak. AT will blame Omicron for the bad report. The Omicron wave is raging throughout Europe and Noth America right now. It should peak in Feb. As for Q4 last year, they are lucky if they can get the same $35m revenue of 2020. Which means 0 growth. my expectation is they did less, likely $30-32m. Q4 is still profitable, Q1 may not. That is why SP is going down. Technical support of $3.50 was breached today. Next support is $2.60.
Comment by
prophetoffacts on Jan 22, 2022 6:42am
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prophetoffacts on Jan 22, 2022 6:51am
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Comment by
Dunworkin2 on Jan 22, 2022 9:08am
...and to add from Q3, per CFO : "We expect to generate substantial cash flow again in the fourth quarter, which will provide additional financial strength to execute on both our organic and M&A growth strategies in the years ahead."
Comment by
prophetoffacts on Jan 22, 2022 10:08am
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prophetoffacts on Jan 22, 2022 11:07am
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