Post by
DeanEdmonton on Oct 19, 2022 9:49am
Read the Press Release and Tell Me Things are Fine
Every Quarter they keep promising a return to "Normal", which is odd given their long history on not doing well. They keep promising better performance in the next quarter and all the headwinds are done. Problem is they keep finding new ways to screw up. I won't even try to list all the things they did wrong the past quarter. There is a big need for a huge shakeup in both the boardroom and the Senior Executive ranks.
Comment by
prophetoffactz on Oct 19, 2022 9:59am
"We are confident in our fourth quarter outlook and expect to deliver 2022 Adjusted EBITDA within our guidance range of between $1.6 billion and $1.7 billion." News release PKI expects to hit annual guidance! Don't get lost in the noise!
Comment by
Albertaproud on Oct 19, 2022 10:12am
The market does not trust this management. That's the reason for the 10% drop.
Comment by
DeanEdmonton on Oct 19, 2022 10:32am
Fat chance they hit guidance. They would need to post EBITA of 600 million in Q4 for that to happen.They only noise is the gas escaping with the BS coming from management. From the share price acton since the announcement I am clearly not the only one who doesn't believe them.