The Board has determined that an on-market buyback is an appropriate capital management tool given the strength in the Company’s balance sheet and anticipated positive future earnings generation.
Isnt this interesting lol. this is what i have been saying because the 32 mill in ebitda does not restructuring charges, as a results earnings could be significantly higher. also this tells me that a majority of parables are infact unearned revenue, other wise why would they do buy backs and say their balance sheet is strong.
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