- COVR salespeople now have a full suite of products (policy, claims, billing, business intelligence, etc.) to sell.......should hopefully lead to additional sales.
- Manish Shah discussed on the CC how there is a revenue/cost mismatch as the R&D costs must be amortized over a 3 year period while the finished software product can sometimes be sold well beyond that.
- I continue to be impressed with Manish's knowledge of the marketplace and that he is willing to take a long-term approach even if it results in negative short-term results.
- the bar for success remains very low. No mistake about it they need customers to sign contracts but if they can increase margins/reduce costs we should see a nice bump to the bottom line.
dickeypiper1 -Thanks for you posts, they've been informative. Hopefully the PRs during the most recent quarter will have revenue show up in the next earnings report. Overall market keeps ripping higher but COVR stagnant which has been frustrating. I like the quality companies associated with COVR products so hopefully new highs are closer than before.