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Bullboard - Stock Discussion Forum Kontrol Technologies Corp N.KNR

Alternate Symbol(s):  KNRLF

Kontrol Technologies Corp. is a provider of energy management, continuous air quality and emission solutions to commercial and industrial consumers. It delivers building intelligence through the Internet of things (IoT), software and cloud technology as well as project integration. Its smart technology is deployed to customers through a cloud-based interface accessible on desktops and mobile... see more

NEO:KNR - Post Discussion

Kontrol Technologies Corp > Kontrol Technologies Cancels 2022 Guidance, Sees Revenue Fal
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Post by AwareInvestor on Nov 15, 2022 9:21am

Kontrol Technologies Cancels 2022 Guidance, Sees Revenue Fal

2022 appears to be the year that wasn’t for Kontrol Technologies. The firm this morning cancelled previously issued guidance after their third quarter results demonstrated that the prior estimates would simply be unachievable.
Comment by Rogg47 on Nov 15, 2022 10:25am
Just like BC numbers, the guidance ones were way off the reality!! As usual, shareholders are paying the price of company BS.... And PG keep cashing his paycheck, what a joke!!
Comment by Mostlyserious on Nov 15, 2022 10:36am
Rogg, let's be clear, there is nothing "just like BC numbers", which were in billions...per year.  The funny thing about this one is that, unless I am misreading the newsrelease, at Q3 he said we will miss the entire year guidance but he didn't provide an estimate by how much.  Relatively speaking, it may not be much...worst case being $20 million if they implement ...more  
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