Post by
Winston1 on Nov 13, 2021 4:29pm
Q4 revenue will be $40-50 million with solid positive EBITDA
XBC will generate record revenue in Q4, in the $40-50 million range. Their EBITDA in Q4 will also be a substantial improvement over Q3, and their Q3 EBITDA was already marginally positive, so you can just imagine how positive it will be once they improve synergies even further.
In 2022, Xebec's annual revenues will likely be in excess of $200 million and they will reach profitability, as others on here have pointed out.
All analysts covering Xebec have pointed to an "inflection point" and a brigther, more profitable future. The analyst upgrades in their price targets gives new and old investors confidence that the tide is finally turning.
We can all now loudly and proudly proclaim that we are ecstatic to be XBC shareholders, I know I definitely am.
Cheers to everyone, and have a wonderful weekend.
Comment by
tamaracktop on Nov 13, 2021 4:43pm
Management revised guidance to the upper end of the $120 -$130 range. Revenues will be at least $45 million. Imagine the sequential any year-over-year comparisons
Comment by
Winston1 on Nov 13, 2021 4:47pm
It will be magical. Thanks for your continued contribution to this board TT. You've urged shareholders to hold through the rough times, and now our patience is finally starting to bear fruit. The turnaround is in full swing, and the best is yet to come for Xebec and its shareholders.