Q3: Poor Quarter Across the Board.Well the street will take a buzzsaw to the stock price tomorrow;
- Bringing down 2016 Revenue and EBITDA outlook
- Margins still contracting
- Continued EPS contraction down to 0.022 (was looking for >0.110)
- Declining Points/miles and # of Points/Miles QoQ
Mangaement has failed to deliver for the several years and the shareprice reflects it. The growth drivers are still there longer term but there still in no progress in the financials.