so here we are - guiding for $70-80 mln in revenues in FY14 vs. analyst expectations of $118 mln. Stock down another 30%.
I would like to request that we find a law firm to represent us. This was a fraudulent IPO no doubt. They completely misrepresented their business in an UNBELIEVABLE way. And to go public at this time. Total misrepresentation! They have 105 million in cash now and that should be spent to pay off investors who were fraudulently duped into this company. Ridiculous
They are not losing customers so why doesnt the revenue at least stay the same as this qrtr. At 27 million for all 2014 quarters? After listening to the conference call seems that the guidance is worst-case scenario. Thoughts?
I don't have a position here (regret not buying puts), but really need to point out that you MISSPELLED "LOSERS" IN ALL CAPS, YOU FREAKING "LOSER"!!!
a good junk of the revenue is from professional services (i.e. implementation of the software sold). Retaining customers don't generate professional services, just license fees. They would have to sell more software to generate more service revenue.
Could this be a ploy to get the stock much more liquid before lockkup? 70 to 80 million next year is based on no more new sales. They cannot actually believe that is going to be the case. Total worst-case scenario. And offers some nice opportunity for upward revision throughout the year.