FormerXBC Inc XEBEQ

Q1

[Newtrader1982]

personally I don't like it they are not gonna make 110 million this year just being realistic and the loss doesn't look good on their ability to manage multiple acquisitions. I hate to be negative but Kurt is just making big promises without delivering stringing investors along just my honest 1st impression. My guess is they will eventually lower guidance to 80-100 million it just makes the company look bad should have just done it upfront.

[tamaracktop]

Sorry Newtrader. I couldn't agree less.  Let's see what the market thinks. We don't really have a choice.

[Resilience19]

I'm confident they can generate $30M+/Q going forward, in 2021 - meaning they'll meet the target. As much as over-promising can be an issue, in this case, I don't think they should necessarily unduly under-promise either. In short, I'm fine with both the target and reaffirming current 2021 guidance.

[savyinvestor333]

Positive EDITA by year end is going to be a big job after putting this loss up.

[savyinvestor333]

Sorry EBIDA

[Newtrader1982]

well you are certainly more confident than me I hope I am wrong just throwing out my first impression not entirely disappointed just a little though.

[Ciao]

They are 1.5 months into the quarter, when questioned Kurt said do the math, $30M / Q to meet gudiance at low end for the year. I'm sure they have regular meetings to review sales booked and %age completion and Kurt is confident of hitting that $30M / Q.  They also noted increase in their input costs and poor T&C with quotes good for months (while inflationary costs hurt them) which

[savyinvestor333]

Not sure about that Stephane. Don't if anyone else noticed but he mistakenly stated 30 million a month.