RE:RE:RE:RE:actionA couple of notes:
- expect Q1 and Q2 to be relatively flat, they will be redirecting cashflow into marketing campaigns over the next 2 quarters. “We have invested aggressively into building our marketing department and programs,” stated Harry Fleming, Northstar Healthcare’s Chief Financial Officer. “With positive results to date, we will continue this strategy as we roll out new programs into new markets. We expect this to fuel significant growth with corresponding EBITDA in the second half of 2014, as the multiple campaigns begin to produce revenues.”
- check the Sidoti coverage for what to expect with forecasted revenue/EBITDA over 2014.
- some sellers are moving on, taking profits/impatience over this consolidatory period but NHC management doesn't sit on their hands and could announce another big acquisition at any time. NHC has stated they are going to continue acquisitions throughout 2014.