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Bullboard - Stock Discussion Forum VIQ Solutions Inc T.VQS

Alternate Symbol(s):  VQSSF

VIQ Solutions Inc. is a Canada-based global provider of secure, artificial intelligence (AI)-driven, digital voice and video capture technology and transcription services. The Company offers comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information... see more

TSX:VQS - Post Discussion

VIQ Solutions Inc > Satisfactory results released.
View:
Post by pacer217 on Nov 09, 2022 8:33pm

Satisfactory results released.

REvs. of $11.6 for the Q3 -- that's  a record high.   Yes. They still have a small loss /share @.04 cents;  Estimate on CIBC was @ .05 cents loss.

They adjusted the full year down about 5% to $46.5 that will still be a  aCompany record by a wide margin.
Easy NET profit by Q1 of 2023. -- A L O N G time coming. but there is a now a path back to $5.00 a share.
Stock @ 90 cents  maybe the best bargain on the Venture,  given that the Venture is a gawd awful place to invest.

management seems to have the flight pointing down the correct runway.
Comment by SNgu8000 on Nov 10, 2022 9:48am
I hope you right " management SEEMS ....... correct runway . " But people DUMPED this morning , down to 48% . WTF ! 
Comment by pacer217 on Nov 10, 2022 10:39am
Well, THIS activity,  which is NOT warranted from a Q perspective, will set up a very  interesting Con. /Call  in less than a half hour This activity originated from the US trading desk, where the volume  was  nearly 200K in one hour;  far above VSX so far. Some institution has baled from it's holdings, for a reason  only they can know.
Comment by SNgu8000 on Nov 10, 2022 4:14pm
One of the worst day for VQS , down to the end of the day with roughly 800k traded . M/C now $12mil Can with only more than 30 mil shares  , Rev $45 mil US , Margin more or less 45% . To build VQS to this level I guessed should cost $100 mil at minimum ??? ( Am I right ??? ) . Market and investors have dumped to the end , the way I read it : tax loss plus they loss confident of All Management ...more  
Comment by Possibleidiot01 on Nov 11, 2022 10:05am
I thought results were not bad , satisfactory maybe? BUT they said this " no assurance that our financial performance goals will be achieved." which well freaks me out . So glad I left Revised Full Year 2022 Financial Goals: The Company has revised its full year 2022 goals to be in the range of $46-$47 million in revenue and a negative Adjusted EBITDA to be in the range of $2.3 - $2 ...more  
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