exactEarth ltd EXRTF

Q4 and annual report

[Blaser2]

 

CAMBRIDGE, ON, Jan. 11, 2018 /CNW/ - exactEarth Ltd. (the "Company") (TSX: XCT), a leading provider of Satellite AIS data services, announces that it will issue its Q4 and full-year fiscal 2017 financial results at 06:30 ET on Thursday January 25, 2018. Peter Mabson, CEO, and Sean Maybee, CFO, will host a conference call that morning at 08:30 ET to discuss the Company's results.
CAMBRIDGE, ON, Jan. 11, 2018 /CNW/ - exactEarth Ltd. (the "Company") (TSX: XCT), a leading provider of Satellite AIS data services, announces that it will issue its Q4 and full-year fiscal 2017 financial results at 06:30 ET on Thursday January 25, 2018. Peter Mabson, CEO, and Sean Maybee, CFO, will host a conference call that morning at 08:30 ET to discuss the Company's results.

[barneyj44]

Thanks, Blaser2 are you expecting anything positive from Peter Mabson ? I would of thought we'd have had a lot more sales, Wasn't it the plan to throttle back on R&D and earmark that money towards there sales department?

[investboy8]

barney: probably will be a non-event like Q3. My guess is that there's pentup demand/interest, but for the real time services. I think once we cross that watershed moment it'll add value and hopefully sales will start to be announced. let's hope they are in the interim making sales calls/inroads ahead of time, so from day 1 of real time they can start booking some orders.

[barneyj44]

Thanks for your take Investboy8, sometimes the hardest thing to do when your a share holder in a thinly traded stock is to wait and have patience..

[investboy8]

Yes it is...especially in a raging bull market nonetheless. That being said, very little downside to the current valuation and good things to hopefully come.

[barneyj44]

Tanks posters for your insight 

[Blaser2]

Expectations? Q4 should be better than last quarter as a major revenue payment was delayed from Q3. Currently, XCT has enough cash on hand for another year of operations. However, Morningstar has lowered its Fair Value rating from $1.20 to $1.08. The next tranche of satellites for the Irridium network has just been slotted for the first quarter of 2018. The is the tipping point for the XCT