Could have been worse, in my opinion. Not exactly sure why we are being hammered in the first hour of trading as I think it is undeserved. As I have stated before, the key is the nature, scope and detail of the "conference" call (the one-sided version where you can listen in, but not participate). Setting it up after the market close on a Friday is not a good early sign. In a nutshell, we need to know two things: the real revenue growth potential and the prospects of meaningful profitability. I have no problem with the "churn" and lower numbers of subscribers and have sufficient confidence in our new product / service offerings - we simply have to know that the underlying financials are sound. I can't help thinking some days how nice it would be if someone, like Google, would just stump up around $1.50 a share and put us all out of our misery.
The slides looked fine, and Jackpot Trivia seems pretty cool. I would say the "monetization" is behind schedule and still a little vague in concept. And, where on earth would we be without BWLD (our only cheerleader)? Pilots / trials at chains can take up to six months (apparently) to prove the inherent value - so, unless we already have a bunch of these ongoing at various stages, it will be at least September before we start another big-time rollout. Nice chart to show that we have gone from 1% to 37% BEOND migration in roughly two years ... but then it stops, with no estimations or plans as to where we will be at the end of 2015 or 2016. And so, in a nutshell, it is the same old stuff: "Look how cool we are! Look at our potential and ideas!", but nothing finite with regard to real growth plans (revenues & installations) or even to the prospects of profitability. It would be really nice to get some thoughtful, solid guidance later this month at the earnings (lack of earnings) conference call. I suspect, however, it will be the same old showcase of our "coolness" and our "prospects" devoid of specifics with regard to future financial performance.
A win / upgrade at Hooters would be nice - imagine the things you could do with a bunch of tablets dedicated to hooters, ribs and racks ... it would have to be PG13 fare, of course, until after 9:00 maybe