RE:New CEO - this is good newsThe 'new guy' has been president since 2018 so was the natural candidate and was really impressive on the call. (and here: https://worldscreenevents.com/festivals/keynote-wildbrains-josh-scherba/) He's clearly been in the trenches for 20 years dealing with the details of the business.
Transitioning CEO to the current president will save the company a couple of million a year, so that's a start on the debt and indicative of the future direction IMO. They keep talking about reducing expenses but has continued to rise. Also, if they had doubts about their ability to hit guidance, this would have been the perfect time to reduce it and pin it on the outgoing CEO. Analysts will publish in the morning and express confidence, I think. I'm a buyer - particularly at these levels.