RE:RE:RE:RE:RE:Share Price
Oustanding revenue growth; blowing away Omri's forecasted 2020 growth of 15% YoY. Lower profit margins which he also touched on during one of the conferences/interviews. He had mentioned that they were focusing on direct revenue which had lower margins and his guess was that it would land somewhere between 15 and 30%. I believe Q4 profit margin was 22% so right in the middle. One big problem however is that Tech is in a slump. Had this earnings landed 6 months ago, it would moonshoot tomorrow. Given the current state of the market, it's hard to say what will happen. But I can almost guarantee anyone that it won't open at 3.50 CAD. Set your expectations that high, you are only setting yourself up for dissapontement. Good luck to all tomorrow. Let's see what happens!