OTCPK:MECVF - Post by User
Post by
retiredcfon Nov 17, 2020 6:36am
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Post# 31912708
Earnings Assessment
Earnings AssessmentMDF's per share loss was a 9% miss but revenue grew by 14% YOY (most of that at Unified) to $20.7M (2% better than estimates) and the $2.33M EBIDTA was a 37% beat. Margins slipped 7 points but deferred revenue rose 32% which bodes well for future growth. Following the recent equity issue, the balance sheet is now very strong and we consider the quarter to be good despite the headline EPS miss.
So said the crew at 5iResearch in response to my question. GLTA