Q: Long time holder of KXS. They reported recently. Just your thoughts on results and future. Thanks.
Robert
Robert
5i Research Answer:
KXS earnings were 25c per share, off estimates of 29c. Revenue was $105.7M, matching estimates. EBITDA of $15.2M was 2% better. Revenue rose 31%, EBITDA rose 47%. Growth is still solid here. Guidance was maintained for revenue ($425M to $435M, estimate $431M). Margins are expected to be 14% to 16%. Cash is $217M (net). We would consider the results decent though not overly eventful.