Surprised not more comments on earnings. Stock got a huge spike, now settling back down. Thought it might stay in the $6's. Stock market is soaring to new highs and EDGW just reported an excellent quarter. Outlook very bullish too. Hopefully will see another run soon.
"Given the positive momentum we are experiencing in our sales pipeline across all of our major offerings, we anticipate a sequential increase in service revenue in the third quarter."
I am in at 5.90,one reason we are down is the downgrade today.Next Qtr estimate does not make sense.If you believe the CFO,next months service revenue will be more than this months 21.6 mil.The estimate does not leave much room for other software and reimbursement monies.Will be holding on.E9
Thanks for the info. Any link or summary of downgrade? Don't see that. Guess that explains weakness today. Was wondering why people were buying yest morning in $6.40's. But selling today in $5.40's. Don't they know to do the opposite. Ha!