GREY:ISYRF - Post by User
Post by
humppyuson Mar 15, 2019 10:19am
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Post# 29490457
Earnings Thoughts After Sleep
Earnings Thoughts After SleepAlright after some sleep and time to think about it, two things Ticked me off regarding earnings yesterday.
1. When they made the pre annaouncement of 7.1 mil in Q4 revenue, they also could have made note that they were writing down the value of the Stream investment. While it doesn't really make a difference re: cash on hand, etc. many weren't expecting that part.
2. Yes It turns out they did only receive orders for about 1.2 million in Q4. While the order backlog is good, it will only take a few quarters of sales like in Q4 before things start to dwindle. Q1 is almost over and we have heard nothing of new orders.
Curious on anyone else's take.