Disappointing really and pre-market on the Nasdaqsays it all. Before you complain about me being a short I'm not. I am actually a huge long.
The market needs revenue increase more than the profit. With any luck Chen can spin this to a positive but that isn't his style. We will need to wait at least one more quarter possibly 2 to see revenue increase. I wasn't holding my breath this quarter but I was still hoping. I've been disappointed for 2 years running so whats another 6 months in the grand sceme of things.
I will add some calls if it really plunges.
They couldn't have sold many passports at this revenue number