For a growing company they had one PR since the last Q for a win of 1mm
Maybe this Q continues certain pace? but the lack of wins is going to slow all of this down very quickly. At nearly 300mm in market cap and 60mm in revenue...the top line here is not as sexy as some make it out to be.
Really, so what they have already built (multiple items, including a product becoming standard within one OEM) and what has been ramping will simply just stop? Let it get to a $300M cap first. It's 14% from there and that's nothing to sneeze at.
You also think that inventory build will just keep growing? I know the CEO downplayed it as a build they needed to do in case a product took off for one of their clients but he also was adamant that said inventory would be used over time.
Do you know that this CEO is conservative to a fault?
I would say this. If the quarter was only so so and if his optimism waned in any way then I might be concerned.