Q: Please comment on earning. Thanks a million.
5i Research Answer:
EPS of 6c missed estimates of 6.2c; revenue of $52.8M missed estimates of $53.1M. EBITDA of $9.3M beat estimates of $6.9M. Guidance was affirmed. EPS rose sharply from 1c last year. Sales rose 9%. Subscription revenue rose 11%. Cash is $92M and 168,800 shares were bought and cancelled in the quarter. While a 'miss', there is still growth here. The stock has been very disappointing, down 32% YTD, and still trades at 29X earnings. But at least guidance was maintained, and it is managing some challenging conditions well enough.