Post by
cleareye on May 09, 2023 8:33pm
Q1 Results are out
The company has decreased expenses. Their loss is around 11mm where it was around 22mm same Q, last year.
They have cut a deal to monitize their software, which strikes me as a positive move. They retain an interest and have added a partner to develop and market it.
I find their moves to be posirive. Their future looks much more secure.
I am curious how other investors feel.
cleareye.
Comment by
CandyC on May 09, 2023 8:50pm
Investors after hours think it's good. Up 38%. Was up 68%. We will see how well it opens but I expect it to be up 70% sometime this week.
Comment by
AnitaGet on May 12, 2023 6:03am
Candy, Where are yo getting these numbers from? It feels like wishful thinking. After market?.... there is no aftermarket for these guys. Perhaps I'm not understanign your terminology; what is your definition of aftermarket. A.
Comment by
jgb921 on May 12, 2023 8:49am
It's not wishful thinking, by after market they mean after hours. This company trades on the TSX and Nasdaq, so there is indeed after hours trading for them. Following the market close on Tuesday May 9, 2023 after the released Q1 financials the stock was trading upwards of 70% above where it had closed on May 9th at 4pm
Comment by
CandyC on May 12, 2023 4:08pm
Anita, I said after hours. So after 4:pm when daytime trading closed. It was up 70% on the Nasdaq. Hopefully a good indicator where Dirtt is headed