Not really a surprise when you look at revenue.
Revenue:
FY 2024 - $109.2m
FY 2025 first 9 months - $76.2m
Would need $33m this quarter to match last year. I don't think they've hit $30m before.
With very little in the way of new contract announcements, it seems revenue will go backwards this year.
Disappointing. And to think they reported their Q3 results as "solid"...
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