RE:Reconciling these two statements It's almost as though almost none of you realize the true implications of COVID for RHT.
I'll say it as clear as I can. COVID is a double edged sword for RHT. On the one hand it signficantly increases long-term demand (there is a reason why Livongo shares are racing upwards), but slowing near-term onboarding.
And, it feels as though no one here can look beyond the near-term onboarding issues. I'm not pleased either, because that means more shares issued. But, it's also worth being extra clear that the company made a strategic pivot a few quarters ago to chase new contracts rather than focus than completely focus on onboarding. I think that has been the right choice as it has made the opportunity so much bigger for this company.
Look for a meh Q4. A cash flow breakeven Q1. And then monster increases from Q2 onwards. I would expect the company to provide preliminary Q1 revenues and Q2 guidance with Q4 results. The potential here is HUGE.
You can keep looking at all the faults of the company's past, most of which are miscontrued by people on this board (but faults, nonetheless)...and miss the opportunity.
Again...COVID is the game changer for RHT. This stands to be a multibagger.