The net loss is not a suprise. However, I am disappointed by the US growth.
I was expecting around 2.4 M.
What is not said is that 1.04 is actually a slow down compared to Q3. (was already at roughly .75 at Q3, with .525 for Q3 itself)
This confirm my theory about the fact that it is still too early for NEA. But keep an eye on this stock, NEA is a great company and, IMO, a future leader.
The goods news is overhead costs have been really improved.
NEA is doing quite well, they are in the expanding period - and they expand ! I think our expectations are too wrong. NEA hasn't reached its nature stage. We shouldn't seek profit but expansion.
However, the SP will probably tank until better results (HY2017 maybe, or earlier if they get big contracts in tge US).
NEA Price at posting:
56.0¢ Sentiment: None Disclosure: Not Held
