Blast from the past - (June 2016) Below is from Cantech Letter, June 6.
Keep in mind: Neulion's "lumpiness" looks like this over recent quarters..
Q4 Thursday, March 3, 2016 EPS expected: $0.10 EPS actual: $0.11
Q1 Wednesday, May 4, 2016 EPS expected: $0.015 EPS actual: $0.010
Q2 Thursday, August 4, 2016 EPS expected: $0.02 EPS actual: $0.00
Q3 Thursday, November 3, 2016 EPS expected: $0.01 EPS actual: ???
https://www.cantechletter.com/2016/06/neulions-acquisition-saffron-digital-gets-thumbs-cantor-fitzgerald-canada/
Garcea says the acquisition of Saffron will remove some of the lumpiness from NeuLion’s quarterly reports.
“NLN traditionally has a quieter Q2 and Q3 in relation to Q1 and Q4 due to a lighter sports schedules,” says the analyst. “We see Q2/16 and Q3/16 not having the seasonal drop it usually does, as the Copa America has kicked off (partnered with Univision Deportes) and the NBA Finals are in full effect (partnered with the NBA). As the 2016 summer Olympics kick off August 5, NLN will be streaming live via CCTV in China. Additionally, the acquisition of Saffron Digital bodes well for removing some seasonality from NLN as Saffron’s main customer base is Hollywood which provides content all year round.”
In a research update to clients today, Garcea maintained his “Buy” rating and one-year price target of $2.15 on NeuLion, implying a return of 100 per cent at the time of publication.