Post by
93Darkhorse93 on Oct 11, 2016 3:02pm
Currency Headwinds with the GBP Starting to Make me Nervous.
With 20% of their revenues in Pound Sterling the translation effect in the Q3 and Q4 quarters could really sap growth especially with the uncertainty in the United Kingdom. Took off a third given the recent run until we see how it impacts the upcoming quarter.
Comment by
Wallstreetjack on Nov 11, 2016 11:36am
Hopefully any currency translation lost is offset by top line growth in North America and benefits from US currency.