Last WeekXBC'S decline certainly had an influence on GRN early in the week. As for their results, revenue was up 167% and margins were 27%. EBIDTA was just above break even while there was a record backlog of $45.7M and following a recent financing, they now have $26.5M cash on hand. Commentary was fine and both the sector and their sales pipleline also look good. We consider it buyable after the decline this year.
So said 5iResearch. GLTA