RE:RE:RE:Third quarter results are out - Lower revenues it's sadly not that simple.
Operating cash flow before working capital is horribly low. It's even worse with working capital changes.
They fell into the same trap evey growing company does, they believed their own hype, over produced and didn't try hard enough to get the new sales, assuming the customers would come to them. To top it off, they gave themselves raises.
The only bright spots are that their recurring revenue is okay and non-theatre segments grew well.
It will probably be okay in a few years but tomorrow, tomorrow there will be a lot of blood in this name. I wouldn't be surprised to see a $0.40 open