GREY:XEBEQ - Post by User
Post by
ZouZS3on Aug 13, 2022 8:03pm
306 Views
Post# 34894588
Execution = Margins
Execution = Margins
BMO has now lowered their full year 2022 estimates. They now expect adjusted EBITDA to be ($26) million, worse than the ($12) million estimate prior. They also expect Xebec to see their adjusted EBITDA to grow to $8 million in 2023, down from their $12 million estimate prior. They caution investors, saying, We continue to take a more cautious stance until the company can show some margin improvement.