GREY:ISYRF - Post by User
Post by
esprit1on Nov 08, 2017 6:32pm
183 Views
Post# 26929076
reminds me of last year
reminds me of last yearThis was alot like last years Q3 call - optimistic in tone, future looks bright, new wins, revenue should ramp up etc.
Not impressed with the explanation in the cc to Todds question re lack of releases.
I think that total void of any revenue information undermined what little confidence many had in ITC, and as such they bailed out, and drove the SP down.
Based on the lack of info, I would not have been surprised to see revenue at well under 4 million.
That the quarter was pretty much like the last 3 - when there were releases - says someone made a decision not to release any revenue announcements. Why?
Sorry - but ITC cant just drift along between CCs - as was demontsrated this quarter.
When was the 916,000 deal closed? Was that not worth telling investors about?
OF note was the additional revenue from the 2.99 M deal - pegged at 10M or better - but not guaranteed - would not culminate until early 2019 - so better not expect any more that 1M per quarter for the next 3 quarters.
I'd like to see some solid quarters, but it seems as if ITC cannot control thier costs.
We are always at break even regardless of revenue, and that is not rewarded by the market.
And Stream TV looks to be in trouble? I assume that is who their biggest client is.