Tue, Sep 30, 2014, 5:35 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Versar Inc. Message Board

  • roboklerk roboklerk May 11, 2009 2:39 PM Flag

    Anyone Hearing Noises

    about decline in backlog versus December 2008? Just saw it in the 10Q. I suppose these things fluctuate, could reflect timing issues, or maybe even turning down of lower margin work perhaps? Any guesses?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • bruceurquahart@rocketmail.com bruceurquahart May 11, 2009 2:54 PM Flag

      It really should be no surpise; they will be seeing a sharp decline in backlog. The company will most likely be rolled-up in Iraq by end of this quarter or next with no follow-on and the future in Afghanistan is pretty bleak as well.

      • 1 Reply to bruceurquahart
      • looks like the backlog number killed the buzz. Still think operating margins are more important, and they were much improved over recent quarters. Nevertheless, I suppose some fund managers use order rates and backlog numbers as leading indicators of when to lighten positions. Stock always runs a bit higher on good EPS, then consolidates. Guess everything has to be up: revs, operating margins, net margins, backlog, order rates, outlook to get a rally that holds. Too many people trading around positions in this stock. I still think it was a good report.

3.230.00(0.00%)Sep 30 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.