Post by
felix10 on Aug 10, 2015 7:43pm
Earnings out...
https://www.newswire.ca/news-releases/merus-labs-reports-q3-2015-results-521323841.html][/url]
Comment by
felix10 on Aug 10, 2015 7:47pm
Sorry, in the previous post, the link should end with .html
Comment by
boomchickawawa on Aug 10, 2015 8:02pm
Wow nice jump up in revenues! Next quarter should show a real nice profit when the u.s. dollar keeps coming down, especially when everyone realizes that america cannot raise intrerest rates ever!!!!!!!!!!!!!!!
Comment by
lscfa on Aug 10, 2015 8:15pm
Since results fluctuated with timing of inventory MSL should have emphasized growth rates for longer periods. e.g. Q3 yoy rev growth 32% 6 month yoy rev growth 61% 9 month yoy rev growth 63%
Comment by
lscfa on Aug 11, 2015 9:31am
Accounting distortions are misleading. Net rev growth for the qtr was 32% but gross rev growth was 90%. Also cash flow from operations was 81%......
Comment by
lscfa on Aug 10, 2015 8:26pm
Guidance suggests Q4 should be big..... "While we had a challenging third quarter, adjusted EBITDA, without factoring in new acquisitions, is expected to be in the low-mid $30M range for both fiscal 2015 and 2016," commented Mr. Fishman. Q1 $7.6 million Q2 $9.4 million Q3 $6.4 million Q4 will be $32 - 23.4 = $8.6 million to $35 - 23.4 = $11.6 million