RE:RE:My Thoughts on Q2 NumbersIt will be interesting to see what happens. If the market disagrees that this was a beat and the SP drops, I'll be adding because I know what's coming in Q3 and Q4. If the market agrees and the SP goes in the right direction, then thats also good for people like me who are long on VLNS :)
Either way this quarter is a win. I think the uncertainty before these results had the SP dropping and then in a holding pattern for a couple weeks. Now that we know the results we can move onward and upward looking forward to a more normal Q3 and Q4.
potstockscanada wrote: Not disagreeing with your points but it will be interesting to see if the market agrees tomorrow.
KTMFan387 wrote: From earlier this week:
ATB Capital --- As such, the analyst has rejigged his estimates for the upcoming second quarter financials, calling for total revenue of $16.2 million (previously $24.1 million) and adjusted EBITDA of $1.3 million (previously $7.9 million).
We just did revenue of $17.6 million, almost 10% higher than the "rejigged" numbers, and $2.7 million EBITDA, more than double the above "rejigged" estimate.
The adjusted revenue of $16.2 and $1.3 EBITDA caused the share price to drop quite a bit so this was already factured into current SP. Actual numbers were significantly better, and now that the COVID quarter is behind us we can do some serious numbers.