Not a good result. It shows how uncertainty is impacting energy sector. I still think they are in a good place as they are to my knowledge the only real supplier of energy and consumption based large scale billing solutions. Their move to the cloud is great, although I would really like to understand if it is real cloud or just hosted.
the results are really just steady as it goes, and when the energy sector get more certainty investment will happen. Even if it doesn’t most customers will need to upgrade as underlying technology becomes unsupported or redundant.
GTK Price at posting:
$4.98 Sentiment: Buy Disclosure: Held
