Did they shoot themselves in the foot during the cc? I was busy and unable to listen and the archive is not ready yet. LIFE had already dropped to 31.60 at 1100 when the call began and dropped all the way to 30.64 by 1125. It has now rebounded to 31.12 so maybe it was just knee jerk reaction. Today's candlestick (if it looks like this at the close is pretty ugly a bearish engulfment. Looking forward to hearing the cc archive.
I think the immediate reaction was to the subscriber counts. 433K is on the low end of what folks wanted to see. The net growth of 10K in the quarter was below net growth of 12K in the previous Q.
It is a good but not great result - the market understands this is a conservative management team and that growth will be solid and steady, not spectacular, but would I think like to see steady increases in net growth.
I'd like to see at least 12K subscribers added during the current Q. Anything below 10 or 11 and you'll probably see a pullback in the stock.