Yes, this is good. The revenue and earnings results are no longer an anomaly. It's now an established trend. And the big contract is still ramping up. What I also like is operating e penses are flat, so additional revenues mostly fall to the bottom line.
It also means Q4 is up again from Q3. The momentum continues. We are probably $0.10-012 EPS in Q4 as revenues are increasing but operating expenses are not.
These numbers are HUGE! $24 million in just over a month. And that's just commercial and ag. Even if new orders drop by half they should be over $125 million in revenue this year, and $150 million is reachable. These guys are killing it in a hot market. Today's news on SCTY had nothing to do with it, other solar stocks are down. Bought more this morning. Backlog is now above year end levels when the stock traded over $3. We should at least get there quickly.
I agree, $5 is my price target. The last earnings gets GNW back to where it was last fall when it was $5. I also expect it to hit resistance there.
A big one for KTCC. Years of under delivering. But the last few quarters have shown promise. Now they need to prove it. $0.19 or better with guidance of $0.20-.25 will juice this stock. The early earnings announcement may be an omen.
The Pakistan sub earnings were similar to that in September. After adding back amortization, parent company cash flow was pretty strong in September and earnings looked better than at the sub. The big new contract starts to really ramp up in the current quarter.
The biggest stock pops happen on a reversal of trend. This was a big swing, and all those shares short just adds fuel to the fire.
SUNE, VSLR and SCTY. SUNE wasn't a direct competitor, it was a supplier that went bankrupt. VSLR is a direct competitor to SUNW and has had quite a falloff of growth they blame on the failed merger with SUNE. Their problems appear company specific. They are even moving SUNW way by starting to do some selling instead of leasing. SCTY is also a direct competitor and is still growing like a weed. The issue there is, can they be profitable? SUNW has a much better business model. Earnings out tomorrow. Hopefully they will help SUNW differentiate itself from SCTY and VSLR.
We are still waiting for your proof the company is selling shares on the open market. Since no Form 4s were filed recently, we know insiders aren't selling. You made a wild claim now back it up.
That is way more than I thought. EDUC had a lot of non-recurring costs last quarter causing a small loss. These include moving costs and tons of overtime. But the future looks bright, and growth is well beyond what I had guessed. They will probably earn $2.00 this year.
Added to my short position. All of the stores I mentioned above plus Gap, Nordstrom and many more mall stores are now really getting hit by the move online. Demand for mall space is going to quickly drop.
Your not kidding, I mean like five different directors made large purchases at the market. And its still going on, we may get more.
It wasn't the dilution that did ANYTHING. The price declined due to the lower backlog. However, management has re-iterated revenue guidance.
The margins were only temporarily squeezed by costs related to the move to the new building and inefficiencies caused by massive growth. They should put both in the rear view mirror soon. Then it's just a matter of how much they can earn on $140-170 million of revenues. They have guided in the past that a 5-6% net income margin would be normal. This company has had a lot of costs to reach the scale they need, but I believe you will see most of that behind them starting this quarter.
A decent quarter should really move the stock. Things are starting to move Genny's way. Longterm rates have come off their bottom. MTG, the big mortgage insurer, reported a big beat. The economy has started to pick up. The only real issue remains LTC and I am confident, at least over the next year, rate increases will exceed the rate of higher policy payments.
Earnings as expected. This was their seasonally slowest quarter so it should pick up from here. A little concerned about the drop in backlog but management is reiterating revenue guidance of at least $100 million, and backlog had jumped an unnatural amount last quarter.
Brillo, there are certainly issues with NTWK but lack of analyst coverage is not one. Few companies under $100 million in revenues have analyst coverage.
Not concerned with the drop in cash, growth companies consume cash. It all went to the right place, inventory, A/R and costs in excess of billings.