Quipt Home Medical Corp T.QIPT

Another VIew

[retiredcf]

Q: I would appreciate your opinion of Quipt Home Medical's earnings. I have a small position and want to slowly add to healthcare for the next leg up whenever that might be. 

EPS of $0.11 nicely beat estimates of $0.03. Revenue rose 38% although $33.55M missed estimates of $34.4M. But EBITDA of $9.9M beat estimates by 37%. Backlog did decrease, recurring revenue was 77%. and net cash is about flat ($17M cash, $18M debt). Recent acquisitions are performing well and it has made more deals since the quarter ended. Growth continues here, and we would consider it a good quarter. 

Provided by the team at 5iResearch on Friday. GLTA

[Carlito3311]

This post has been removed in accordance with Community Policy

[besttobe]

RetiredCF is a talking head junkie, with not an orginal thought of his own. My opinion, and given the amount of junk he posts daily, I would not be surprised he works for stockhouse. 

[brentski99]

I plan to start swing trading this stock soon. Where do you think the bottom lies?

[sebraz]

This thing is rangebound between debenture conversion price of $5.20 CAD and the forced conversion price of 6.40 CAD until we got some massive announcement.

[brentski99]

I like their double as i am a long, long for many years now. But I also see much opportunity without much much long term risk if one momentum trades this. 10,000 shares being traded at .10 to .15 profit a couple times a week is really good bucks for a retiree. If entry point is at a low end even if you get stuck for a while - no big deal as it will always move up on an aquisition or anticipation