One quarter is not a trend but we can hope. I am dubious as to if this is genuine or an accounting (legal) smoke and mirrors game. We have seen it before so why would it stop now. The revolving door of cfo and also PwC sends that alarm out.
They got a little chump change from the new contract but there is no other substantial new money as far as anyone can tell. (But there are more shares issued). If there was new money, they would have announced it.
This company is needing to radically transform and stop tinkering at the (wrong) edges.
Shut down the USA or cut it back to “a sales presence”.
Get the company back on track.
Be ruthless with low yield, no yield and legacy product.
Change the model for billing and freshen it up - listen to the consumers and look at market trends.
they have a great product suite if they get back to the core of it.
they have a leadership bleeding the company and at a loss as to how to miss the iceberg. Maybe they are spending too much time looking for a buyer rather than trying to save the ship and its crew.
One quarter is not a trend but we can hope. I am dubious as to...
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