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NTG Clarity Networks Inc V.NCI

Alternate Symbol(s):  NYWKF

NTG Clarity Networks Inc. is engaged in providing networking solutions. The Company provides telecommunications engineering, information technology, networking, and related software solutions. It operates through two segments: Canadian segment and Egypt segment. The Canadian segment is made up of activities in Canada and its offices in Saudi Arabia and Oman. The Egypt segment is its software development group and also provides professional services, offshoring services and network services to customers in Egypt. It focuses on commercial off the shelf products, serving multitude of industries, covering enterprise management solution via its flagship StageEM Enterprise Management, NTS-Billing, NTS-Inventory Management and Control, NTS-Workflow Management, NTS-Partner Relationship Management. It also provides end-to-end services including customized solutions development, such as software, Web, applications, systems integration, testing as a service (TaaS), outsourcing, and consulting.


TSXV:NCI - Post by User

Comment by mlmack66on Oct 17, 2024 6:06am
73 Views
Post# 36269402

RE:RE:Guidance higher revenue, lower margins

RE:RE:Guidance higher revenue, lower marginsYes they guided 14% for 2024 which is calculated 20% for the first halt revenue and 10% for the second half gives you 14% for the year. I was being conservative and continuing with the 10% margin in 2025. They simply added the 4 months from the new big contract to the $50 M originally forecast and continued with the 10% margin going forward. It should have taken them 10 minutes jti do those calculations not the 5 weeks we waited while the stock price dropped. It will be interesting to see what they come up with for 2025 guidance.
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