Post by
Parvish on Dec 04, 2020 6:47pm
Upcoming Earnings
Is there any reason to expect Q4/Year End earnings won't be strong? On paper this looks like company revenue and net income could really launch the SP.
Comment by
Torontojay on Dec 04, 2020 7:01pm
It will be the best quarter in the companies history. About 3 million alone will be billed from Septa as part of the 6.3 million deal for Septa's trains. There is always the annual recurring revenue which is about 600k per quarter so that brings us to 3.6 million. I would guess we have at least 5.5 million billed in the fourth quarter and 1 million in net income.
Comment by
Arthur02 on Dec 05, 2020 3:08pm
then why are people so upset the stock is dropping? Odd
Comment by
theprovincial on Dec 05, 2020 3:15pm
SP was inflated due to the PP announcement and wasn't reflective of company operations. Basically the SP has returned to where it was when the investors put an offer forward. Any SP appreciation going forward will be based on the company's performance and there is a lot to be optimistic about in that regard.
Comment by
Joseisok on Dec 05, 2020 4:48pm
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