Q: Earlier you commented on the earnings saying that the market may not like their revenue miss from $35.4M from and expected $36.2M.
On the other hand, they bought a company as big as them. Since that deal closed on March 31, it was not accretive to the earnings released yesterday BUT they guided considerable higher on revenue and EBITDA for the year.
Wouldn't increasing the future guidance have more of and effect on the stock price than earnings of a quarter where the puchase was not accretive?
Thanks
On the other hand, they bought a company as big as them. Since that deal closed on March 31, it was not accretive to the earnings released yesterday BUT they guided considerable higher on revenue and EBITDA for the year.
Wouldn't increasing the future guidance have more of and effect on the stock price than earnings of a quarter where the puchase was not accretive?
Thanks