Q: Thoughts on earnings ..... is there any value here
5i Research Answer:
With market cap at only $16M, risks are very high here, and it needs to be considered speculative. Revenue fell to $1.4M in the quarter, down from $1.6M in the prior year. Loss was $0.89M or 3c per share, the same as the prior quarter. Rental revenue rose, equipment sales fell. QST took a $3.6M impairment charge. It still has $13M cash, but cash flow is low, and we would not be too interested here until we see better earnings growth. Insiders own 18%, but it has been a long term disappointment.