I don't think the quarterly sales update will be that great. They fudged the dates of reporting on the last quarterly update to try and make it appear less worse than it was. Previously they were announcing ARR up until the date of the sales update e.g November, December & January for sales update announced February 2nd. The last update they changed to reporting the quarter January, February & March.
So this included previously sales already announced in January. I'm assuming this was to because January had a bumper month and they needed to try and soften the impact of some of the lost clients. It was also not explained that they changed the months they were reporting which I thought was a bit misleading to shareholders.
That all being said, EVS is still growing at a hyper growth rate and YOY sales is incredible. I have no doubt this will continue and the year coming up will be huge for the company.
EVS Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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