Comment by
fibonnaci on Sep 11, 2024 4:53pm
Well we got our answer. Nope lol. really disappointed in these numbers, i remember the numbers last year got a bump from the post covid boom and from some spefic contracts so they were juiced a little bit but regardless the revenue number posted tonight is disappointing and the market is not gonna love it tomorrow.
Comment by
blindpig on Sep 11, 2024 5:08pm
They are spending significantly more on R&D as a percent of revenue (33.4% vs 25.4%) and up $5.4 million. Even if R&D had stayed the same in $ terms the miss would have been significantly less. I hope all this R&D is going to amount to something down the road.
Comment by
Apostata on Sep 11, 2024 5:56pm
Agreed. Hard to dress this up as anything but a disappointment. Tantalizing this is not.
Comment by
dogatcat on Sep 12, 2024 1:14pm
No confidence in management now. All must be fired. Sell first, ask questioons later.
Comment by
dogatcat on Sep 12, 2024 1:16pm
You are getting a real bargain today! Pile into this dumpster fire.