so, their rev's were a bit weak, but the cut costs enough to get around earnings!takman273
I thought this was in the growth stock segment. If they can't grow revenues what is the point? Eventually they won't be able to cost cut regardless of how efficient they become.We are buying on future earnings potential.
They can still cut off their arms and legs.
After how many revisons downward
Check the analyst projection 90 days ago, it was for .53, which means they were short from original projections by a penny. These company's and analysts are all the same, make the quick buck by suckering in as many as possible.