Management admitted on the call that they won't be able to recover painfully reduced Europe revenues by moving into new markets. Accordingly FY13 revenues will be down by a significant amount. Pricing will be down also which puts even more pressure on the bottom line.
At this point nobody knows if the company will be able to earn money in 2013 or at least achieve positive cash flow. If PWER falls back into losses the stock might lose even more ground.