This market isn't driven by valuation, but speculation. So unless a rumor comes out that CLRO is a takeover target, It's not getting to 16 anytime soon. Especially if they can't start to grow the top line again.
Even if you take Q1 loss into account, the stock is currently trading at less than 10 PE
30% Electrical Construction Margins in Q4, after 28% in Q3.
One of the concerns of some when the company announced it would focus on MSA work would be smaller margins. I'd say this has been proven incorrect with the last two quarters where most of the revenues has come from MSA.
I suspect we'll see revenues similar to a year earlier and earnings lower (last year was exceptionally good).
Revenue: $15.5 million vs.$15.35 million
EPS: $.22 - $.24 vs. $.28 - $.30
We're not talking about a high tech company here. That being said, if they could do a consistent 5% Net Profit Margin on $100 million revenues, you be looking at an approximate EPS of $.20 and a PE of just over 6. Which would be undervalued. The key is being "consistent". Two quarters is enough to judge.
They usually don't announce the Release/CC until 7 - 10 prior. Remember this is yearend reporting, so they take a bit longer to prepare. I suspect will see the numbers in early March.
I would assume now that the re-audits are complete, we should see reports get back to the normal schedule. Being that this is the Yearend report, we should see something in the next month.
Headline suppose to be Where, not Were. Trying to type anything into Yahoo is a #$%$ shoot with all the ad's that mess with your browser.
Huge miss because the ANALyst can't figure out their #$%$ from hole in the ground. Did you also notice that they UNDER estimated revenues by over 20%.
An article from Investopedia mentions ClearOne as a global distributor of "Digital Signage". Are you kidding me! And you wonder why CLRO can't get any ANALyst to cover them.