GREY:XEBEQ - Post by User
Comment by
Mick67on Nov 11, 2021 8:14am
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Post# 34113912
RE:No more surprises
RE:No more surprises1) EBITDA margin is postive in Q3. Turning the corner.
2) Guidance pre UEC unchanged. Revenue increase due to UEC and margin change also UEC. UEC is lower margin
3) Change in revenue recognition prudent and explains why low end of pre quarter revenue guidance.
4) Implied Q4 EBITDA remains positive and supports a profitable 2022 outlook.
5) SUpply chain challenges shouldnt surprise anyone.
If you came into the quarter with reasonable expectations and looking for stability and improved outlook then thats what they delivered. If you were negative or had expectations out of reality then your not going to change. But the corner has been turned and while supply chain will cause some choppy revenues - the growth outlook is positive and EBITDA profitable.