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Bullboard - Stock Discussion Forum Symbility Solutions, Inc. ATBEF

"Symbility Solutions Inc develops and markets Software-as-a-Service technology designed to improve effectiveness and reduce costs of administration of claims in both the employee benefits and property and casualty insurance markets."

OTCPK:ATBEF - Post Discussion

Symbility Solutions, Inc. > Currency Headwinds with the GBP Starting to Make me Nervous.
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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. 
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