RE:RE:RE:Add ons to ETC contractsChange in analyst sentiment is a slow process Chi. Look at the recent sale of Q-Free. Analysts rationalize the EBITDA multiple by looking at Q-Free's next quarter projection (11x) versus the last 12 month actual (16x) as justification for holding QTRH's multiple at low double digit/high single didits. Greater clarity on the line of sight to profitability should come with the Q3 results. Maybe that will accelerate change. Fresh blood in the analyst pool would also help.
QTRH puts the backlog number out there and I can't recall a single analyst asking about the significance of the number. Sad, very sad.