GREY:XEBEQ - Post by User
Post by
retiredcfon May 14, 2021 8:36am
293 Views
Post# 33202105
Another Reaction
Another ReactionRevenue rose $8.4M to $20.6M although this was below estimates and the per share loss was also larger than expected. That said, guidance for the year was maintained ($110M to $130M sales), working capital remains high at $129M and the backlog is $88M. XBC notes some supply chain issues, but it is encouraging that it has been able to raise prices to customers in order to offset. Not a spectacular quarter, but the outlook is decent and the stock price already reflects prior issues.
So said the crew at 5iResearch. GLTA