revenue growth is slowing as well as subscription revenue growth - operating margin is down and will come down even further. Stock should reverse course during the call. Sell.
obviously PLUG shareholders are even too stupid to check the SEC site for the filing
after a 50% increase within one day the stock is ripe for some profit taking especially in light of the class action lawsuit announced yesterday afternoon
don't forget the brand-new earn-out allowance of another $41 mln
would expect this to move closer to $2 over the next few days
given the results and the conference call I couldn't agree more - the company is a complete mess
it actually was a disaster - recorded another giant and unexpected earn-out allowance, no buybacks
the company remains complete failure and should be avoided at any cost
while this could be easily be calculated by the monthly releases it still is a shame - nobody should own the shares
nonsense - company didn't deliver on its own shipment and especially margin guidance. All metrics have worsened compared to Q1 and guidance is for continued gross margin pressure going forward. There's no way the company will turn a profit in Q3 or even Q4. Would like to hear how they plan to address the upcoming convert maturity.
VERY disappointing results and outlook - much worse than other companies in the sector when looking at the gross margins
I guess Mofid had a far better background to lead RGSE and he actually failed completely - so what chances are left for Lacey now with the business in dismal state and financing options close to zero ?
I still don't see any value in the equity with ongoing negative cash flows. Another offering might be necessary very soon to stem the current and future losses. With profitability nowhere in sight and quarterly revenues reduced to $15 mln per quarter the stock has no value in my opinion with bankruptcy within one year still the most likely outcome
seemingly their margin targets have become unachievable with the current cost structure - a quite different statement than just three months ago. Obviously the company faces pricing pressure.
Doherty even upgraded the stock this morning - given the very weak trading pattern the shares look like a great short trade for the short to medium term
I wouldn't touch the shares here as they will be dead money for at least a few quarters. The poor US sales won't reverse anytime soon and mobile sales will remain a minor source of revenue for many quarters to come. So clearly the stock lacks catalysts going forward and even worse management warned about rising investments and ongoing losses in the near future.
For those who believe in management's longer term outlook for annual revenues of $200 mln within 4 to 6 years the stock might offer a cheaper entry here but I suspect it willl get even cheaper going forward.
yeah - I even believe the company is a fraud without having any evidence - just based on my impressions of the CEO and his big-mouthed projections. Where is the cash the business should generate each quarter with 80% gross margins ? Why do gross margins already tumble with the newer contracts not even started to add to revenue ? What will happen to the shares if qoq revenue growth remains in the low single million dollar range despite announced contracts above $50 mln ?
and clearly I should have kept the 15k shares I bought after the company announced the secondary in December instead of selling them for a somewhat tiny profit some days later - but given my view of the CEO's personality and the company as a whole I just did not have any faith to stay long.
gross margins down to 76%, cash flow just slighly improved - the company still has to deliver on its promises starting in Q3
They seemingly still have problems to convert backlog into revenues as evidenced by the uneven quarterly results. At least we know the break-even level for the company now - around $150 mln. Clearly the shares look inexpensive here but as long as the company fails to put up consistent profitable results each quarter the upside potential for the shares remains limited.
sure that's bs but no one should stay long the company as the equity looks worthless here and future capital raises might become impossible going forward.