Post by
Resilience19 on Jan 10, 2021 10:43am
LTE to report 2020 Q4/Annual results end-Jan
Last year LTE reported Q4/Annual results on 29 Jan. As such 2020 Q4 and Year End Financial Results should be announced around the same date. Barring any good news between now and then and expecting Q4 will have been a rather bad Quarter, this all doesn't bode particularly well for the SP, in the short to medium term. Q1 results, likely to come out end-Feb are likely to prove even more dire, given LTE will, likely, have been burning through significant amounts of cash. At this point, the earliest positive Quarter is likely to be no earlier than Q3 (August), if management can turn the situation around in good enough time...
Comment by
BigPines on Jan 10, 2021 5:43pm
I'd like to see an update regarding, well anything frankly..
Comment by
Quick22 on Jan 11, 2021 10:56am
This post has been removed in accordance with Community Policy
Comment by
Resilience19 on Jan 29, 2021 8:34am
Wrote the following on Jan 10th. As it stands, end-Feb Q1 results are unlikely to shine in any way given that no positive NRs have come out...