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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Comment by Mofonomoon Apr 16, 2020 5:52pm
267 Views
Post# 30919048

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What is Keeping PHO Back?

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:What is Keeping PHO Back?They've guided Q1 revenues during the  2019/Q4 conference call. As of the call date, they've shipped $14M with a potential for $1M more (high degree of confidence) at a similar EBIDTA margin % as in Q4.

Nigel/Daniel were not able to provide guidance for Q2 as they weren't sure if customers were front loading or not but they did say that customers have not asked them to slow/stop shipments.

We should have Q1 results within 2 weeks or so.
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