"to more normal levels" - gross margin improvement won't hold going forward as some r&d expenses were simply pushed out. Would short the shares in after hours as management sounds cautious heading into 2015
fueled by cautious analyst commentary and perhaps one or two downgrades tomorrow. Management seemed completely incapable on the call. Analysts had many simple questions hoping for some clarity but management totally failed to answer just one of them correctly. Never have listened to a call like this before. CEO and CFO should be removed pretty soon.
driven by long-term institutional holders finally giving up on the company after two painfully weak quarters in a row. Yes, the company has fixed its balance sheet in the past few years (of course the unfunded pension obligations are still brutal) but revenues are still shrinking and the company is just one step away from becoming absoluteley meaningless in the IT world. Given the pension obligations a sale of the company wouldn't make any sense here so they have to turn around the ship on their own.
sure - they already bought some last quarter and this quarter but they will have to buy millions more to catch all those shares kicked out by institutionals. And they will be soon out of cash if they do so. Business and cash flows have been weak as of late so they won't bet the house here clearly
already placed the order at the beginning of the session while the call went from bad to ugly soon after that
why ? he dramatically improved the balance sheet over the last few years and stabilized the company. Even IBM faces serious issues so it would be unfair to blame him for general changes in the market place.
clearly institutional investors are finally giving up on the company as evidenced by today's sell off. Would expect the shares to stay under pressure going forward. Sell.
Management closed the call abruptly after analysts didn't stop to poke about charges and margins and many other item for over an hour. Those guys sounded pretty clueless about most of the issues they were asked. Would expect several downgrades based on this drama.
call is slowly turning into a disaster as one analyst is asking about debt covenants and the company's ability to boost the bottom line going forward.
Confusing conference call as analysts don't get what the company included or excluded from their non-GAAP earnings and EBITDA projections. Management does a poor job explaining the issues. But looking through all the moving parts the EBITDA guidance looks disappointing.
Apart from that analysts are very concerned about the cannibalization issues caused by the Frozen series.
Given management's poor performance on the call the stock looks VERY vulnerable to a major correction at this point. Would expect the shares to give up major ground over the next few days.
sure - but not good enough. Given the recent share price rally investors clearly expected better results and guidance. This might go down double digits today.
while revenue came in slightly above expectations the mobile revenue growth rate already started to dip. I don't see why anyone would want to own this tiny, just very modestly growing company.
numbers and guidance not good enought to lift the stock to new 52-week-highs - pretty small guidance raise given the revenue outperformance for the quarter. EBITDA guidance also raised just slightly. The shares look ahead of itself here with a pe of 30. Sell.
nobody cares for eps numbers as the stock is trading at a pe of 100 anyway - user and transaction metrics are the drivers of future revenue and earnings growth and they came in pretty weak