Augme Technologies Schedules Fourth Quarter and Year-End Fiscal 2011 Earnings Release and Conference Call
News for 'AUGT' - (Augme Technologies Schedules Fourth Quarter and Year-End Fiscal 2011 Earnings Release and Conference Call)
NEW YORK, NY, May 09, 2011 (MARKETWIRE via COMTEX) -- Augme Technologies, Inc.
(OTCBB: AUGT), a technology and services leader in interactive media marketing
that offers the only patented and innovative end-to-end mobile marketing
platform, will report financial results for the fourth quarter and year end of
fiscal 2011 ended February 28, 2011 before the market opens on Monday, May 16,
Management will host a conference call to discuss these results the same day at
9:00 a.m. ET. To participate in the conference call, please call 866-625-0328
(domestic call-in) or 706-643-2088 (international call-in) and reference code #
A live webcast of the conference call will be available in the corporate section
of the company's website. All participants should call or access the website
approximately 10 minutes before the conference begins.
A telephone replay of the conference call will be available from 12:00 p.m. ET
on May 16 until 11:59 p.m. ET on May 23 by calling 800-642-1687 (domestic) or
706-645-9291 (international) and entering confirmation #66092743. An archived
replay of the conference call will also be available in the corporate section of
the company's website.
I am not sure what you are looking for? They already told us what the numbers are going to be the only new piece will be the backlog. If your worried about the 4th quarter from last year you are focusing on what is in the rear view mirror instead of what is coming ahead. If you want to look at it in detail 4th quarter numbers will be up 10X over last years 4th quarter.
Thats a generic PR stating the top line numbers, but the key is what makes them up, how much did they spend getting them. For instance, for those that are not in real estate, an agent says "I made 120,000 dollars last year." and everyone says wow. But when you get into it, thats the gross, when you take out the costs its like 45,000 dollars take home. So AUGT PR is the "I made 120,000 dollar part." Lets see what it really boils down to.
Augme Technologies Expects Fourth Quarter Revenue to Exceed $1.0 Million for First Time
Company Beginning New Fiscal Year at $8.0+ Million Annualized Revenue Run-Rate; Company Forecasts Recognizable Revenue Exceeding $16.0 Million and Positive Cash Flow in Current Fiscal Year
It's the forecast.
I thought their wording was pretty generous in what they defined as future revenue. That line "indications of interest and commitments" seems kinda open ended. Initialed statement of work documents. It's been a while since that statement was made. It would be nice if they can nail that down, announce them as firm commitments and, hopefully, expand them.
The Company defines "current bookings" as the combination of signed agreements, initialed statement-of-work documents, indications of interest and commitments for AD LIFE™ services that have been received from, but not yet delivered to, approximately two-dozen Fortune 500 companies, many of which are Fortune 100 companies.
Getting back to the company for a minute....I think they have to have a very positive report to maintain the current market price.
I didn't get in until after the burst from around $3 back in January. It got a little press and some attention and I think some people (me too) bought in partly, on that.
I think if they don't show continued rising orders in the 5-10x year over year range. Earnings are not nearly as important as sales....to justify it's current market cap it has to show that they are going to sustain growth. $2 million to $18 million to $40 million, etc. A $250 million market cap company can't live long with a >100 P/S ratio. If they can get sales up to the point where they are only 40x sales that would be pretty good. Still high, but better. Rising sales path...and gliding down P/S ratio. That's the ticket.
I would be very surprised if any litigations news is forthcoming.
I mispoke when I said that it was hyped, what I meant was the price is very high for its revenues. So it will be easy for it to fall on a quarter report when it doesnt reach the impossible expectations of some. A great buying opp I would think if one is long term in this.
warnbe, sali, sirious,harnbe,goingski,and others (forgive me if I omitted any)you are all very good contributors here. We might act differently, but we all hope AUGME will some day make us feel good for our waiting & being patient. GLTA