Post by
xgbssxx on May 02, 2024 10:51pm
Earnings
Sales increased, although one-time costs did weigh on results.
Looking on the numbers, it states decrease in eCommerce sales y/y, although no-one has really mentioned it. Wong seems to state there is "momentum" in sales.
That being said, revenues increased and gross margins are increasing. Inventory is going down showing better control.
I think overall pretty good quarter considering the macroeconomic environment. Not sure how markets will react but I think it will be some muted movement or slight gains tomorrow.
Comment by
amugsgame on May 03, 2024 10:58am
The market is not reacting positively to the ER. The ATZ daily chart is a mess of islands over the last year. A bit of a recovery this am but may be short lived.....even with all the upgrades
Comment by
nedstar71 on May 06, 2024 11:26am
Crashes down to below $32 on decent earnings and predictably rebounds to over $37 within one equivalent trading day. The Canadian markets really are a disgusting cesspool. I hope nobody was scared out of their shares at the low.
Comment by
Duster340 on May 06, 2024 11:41am
ned is talking from experience here. this is how he lost big on NDVA . he sold near the bottom when the stock came crashing down from the mid 60 cent range to a low of 1.5 cents. you can see he is still bitter about the big loss.
Comment by
nedstar71 on May 06, 2024 11:59am
Uhoh, looks like I have a stalker Lol. Poor duster, reporting my BCE post for exposing him for what he is. Remember a couple of eanings calls ago duster was saying eanrings were horrible and the stock gained 50% within a few days? Classic duster. He ran and hid after that one. Too funny ! Duster have you ever picked a winner?
Comment by
Mikerich on May 10, 2024 10:24pm
Oh we remember indeed as I called him on his BS. I wish he went away and hid for good! Clown ....