Q: Your thoughts on earnings report
5i Research Answer:
EPS of -2c missed estimates of -1.2c; revenue of $36.3M beat estimates of $31.3M. EBITDA of $1.85M beat estimates by 63%. Revenue rose 23%. EBITDA improved sharply. Cash fell 14% to $51.4M. Managed service growth was positive for the first time since 2022. The programmatic segment continued to do well. Despite the 'miss' we would consider the results decent. The stock seems to have bottomed, and the cash does provide somewhat of a cushion.