Think Research Corporation V.THNK

No Software Growth

[dt_core]

Number out this morning and the announce Friday / release Monday "hide the results" strategy is in full force. The software division is where everyones eyes should be. Yes education is down because of seasonality BUT there is NO GROWTH appearing here at all. I think PI allluded to that in the last conference call as well, though indirectly. Management needs to address this big black hole in the results because it is screaming!!!

Also, I'm starting to learn how to speak THNK language. When management says they expect a division to fall somewhere in between Q1 and Q2 results, what they really mean is that results will be below both Q1 and Q2.

[Possibleidiot01]

Let's look at the numbers - year over year growth but flat revenues from Q2 to Q3 if I am reading it right. Software and Data Solutions revenue totaled $6.3 million (34.0% of revenue), compared to $6.9 million (37.4% of revenue) in Q2 2022, reflecting lower utilization of the Company's education offerings during the summer months. Clinical Research Operations revenue

[dt_core]

A few interesting points to take from the call, though again one has to take these comments with a grain of salt until results actually come through. 1. Software SAAS Segment: There are a number of potential large wins that THNK is close to winning (either they are in current negotiations OR they are in the RFP advanced stage). SA said it was the largest pipeline that this division has ever had

[pacer217]

I listened to the call as well.   think you summed  it up quite well.  Only problem is that  we will not hear  the Q4 numbers for five months, so have to hopethat there are some strong financial  customers  to help maintain a positive thread for the price.