Not sure why the hell they even scheduled that call. It was totally without any meaningful information. It is a company embarrassment that they can't even give an indication of when they will report financials again. The most meaningful thing they could say was that the company produced $10 Million in cash from operations? They generated $12 Million in cash from ops two or three years ago, so I am not sure what that says about revenue growth.
Saba has had seven CFO's in the last ten years. Now they're going to hire an eighth? No wonder their accounting is a bloody mess. FIRE YAZDANI NOW!!! Seven CFO's in ten years is totally consistent with the revolving door they have installed in the C-Suite at Saba. No one wants to work with that idiot after they get to know him.
Saba has been a scourge on the HCM market for fifteen years. It is a failed public company by anyone's measure. Bobby Yazdani is a joke and needs to go. Get rid of this inept egomaniac and maybe you can hold on to a quality CFO for more than a year-and-a-half. And maybe the stock price has a chance to go up.