Worth >$1Updated outlook is for sales of at least $53 million and EBITDA in excess of $5.5 million. That outlook only includes Dialogic in Q3 and Q4. So, presumably, pro forma EBITDA can be in excess of $6 million. Assuming an 8x EV/EBITDA valuation (not expensive) translates into a valuation of $1.25/share.
Expecting good upside in the next couple of days as people do more digging...
Deal looks to have been done at approx (or less) that 3x EV/EBITDA. Impressive.