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Bullboard - Stock Discussion Forum Espial Group Inc ESPAF

"Espial Group Inc is engaged in the development and marketing of software solutions. It provides software solutions that enable video service providers, including cable multiple-system, telecommunications, satellite, and other network operators to deploy next-generation video services for various screens. It offers Espial G4, Espial Media Service Platform, Espial Elevate, and Espial TV Browser.... see more

GREY:ESPAF - Post Discussion

Espial Group Inc > Note to self "Don't ever buy Espial before earnings"
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Post by barneyj44 on May 11, 2018 10:37am

Note to self "Don't ever buy Espial before earnings"

I didn't expect anything earth shattering but revenues and earnings are disappointing considering the customers we have signed last quarter. What are your thoughts Mastermind?
Comment by PublicFigure8 on May 11, 2018 11:13am
Well, you're not alone, I made the same mistake. This company seems to be moving in the right direction with technology by moving to the clould and embracing the SaaS model, but the customers aren't there yet. Q1 Revenues are dissapointing. Will continue to hold for now.
Comment by barneyj44 on May 11, 2018 11:35am
Welcome aboard the Espial train, many have gotten off at earlier stops, there are still a few of us left here. I'm holding as well, I thought with all the sign ups, this quarter would be a pleasant surprise, will have to see what the big fund holders have to say... The management team need to spruce up there website and hire an Investor Relations person, for me that would be a good start as ...more  
Comment by Mastermind28 on May 11, 2018 5:25pm
Yes, the earnings were dissapointing. However, I believe they are moving in the right direction like someone said with the SaaS model. They mentioned on the call that some of their competitors have exited this business because they could not sustain due to the long integration cycle and all and Espial has an advantage in the market with their SaaS Elevate offering. The Elevate product is the ...more  
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