is this stock being played? As always , would appreciate your analysis of their earnings and what you think is going on here.
Small cap and growth companies have been hit very hard this year, and frankly its 11% YTD decline is actually not bad in comparison to some. It is still up 32% in one year. It is priced well at 21X earnings. It did miss earnings, with EPS at -6.4c vs estimates of +10c; Revenue of $19.85M beat estimates of $19.1M. EBITDA of $10M beat estimates by 20%. Revenue rose 11%, driven by digital advertising. EBITDA rose 22%, with a five point margin increase. Cash flow rose 17%. Very good sales and earnings growth is expected this year. There is small cap and market and economic risk here, but the results continue to show growth overall.