RE:great quarterThank you cabbieJbJ for both your forecast and the follow-up with actual financial results.
Yes Q2, 2023 it is a good quarter and in the context of recent past quartersby QuarterHill it can be described as "great".
The aspects that seem mnost significant to me include:
- Obviously Total Revenue $51.865 million
- Cost of Revenue $38.428 m
- Selling/G&A/R&D/Etc.. $10.334 m
- EBITDA $3.103 m Big change from 4 of 5 negatives Qths since Q4/21
- Operating Income -$3.764 m which is the "best" in the past 2 years
Clearly comments from some of our BBoard colleagues are correct...things are starting to look better, and a couple of quarters with increasing revenue and decreased costs to turn Operating Income to POSITIVE, can make the waiting here worthwhile. Perhaps some lingering potential for increased revenue from outstanding cases in Wilan at its sale time, might also become a pleasant boost,
Peace,
Good Decision-making to all,
ElJ