RE:Highlight from Q3 Results Yes that's one crazy number - they are building some real financial strenght for sure...
I wonder if that 0,30$ estimate took the divestitures/ sales into account. For sure gross billings will fall if they simplify the business...
"Loyalty Services & Other were down $5.2 million due to client exits and the sale of the Canadian Air Miles trademarks in the quarter"
"The divestiture of the U.S. Channel and Employee business in May 2017 drove most of the $36.9 million decline in Gross Billings from Corporate and Other in the quarter"
"Gross Billings were down $10.4 million or 18.5% on a constant currency basis, with the divestiture of the New Zealand rewards fulfilment business accounting for $10.2 million of the decline"