Q: Your thoughts please on the quarter Thx
5i Research Answer:
EPS of 1c missed estimates of 3.5c; revenue of $16.17M missed estimates of $16.46M. EBITDA of $4.75M beat estimates of 11%. Total sales rose 4.5%. Subscription sales rose 16.6%. SYZ bought back 85,700 shares. Canaccord raised its target by 50c to $12.50. Despite the 'miss' the results remain in line with the company's forecast, and high bookings and confidence talk from management are encouraging.