Interesting GuidanceThe Q4 results are quite dismal. I think lower than what most of us expected.
However, the company is providing adjusted EBITDA gudiance for 2017 of between $22 million and $26 million (above my estimate). At 4.0x EV/EBITDA that would value the shares at $3.75/share.
Bad quarter. Awesome guidance.
I would think the market tomorrow will lean to slightly towards the guidance tomorrow.
I think we'll need to see a strong Q2 and the proper handling of the convertibles before convincingly moving towards that $4.00/share