Post by
retiredcf on May 14, 2021 8:36am
Another Reaction
Revenue rose $8.4M to $20.6M although this was below estimates and the per share loss was also larger than expected. That said, guidance for the year was maintained ($110M to $130M sales), working capital remains high at $129M and the backlog is $88M. XBC notes some supply chain issues, but it is encouraging that it has been able to raise prices to customers in order to offset. Not a spectacular quarter, but the outlook is decent and the stock price already reflects prior issues.
So said the crew at 5iResearch. GLTA
Comment by
newcoin on May 14, 2021 9:13am
This sounds like a great way to start the day. Reaction is concise, mature and contains evrything you need to know. Why can't they all be like this?