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Re: OBrien post# 23021

Friday, 07/29/2016 4:11:18 PM

Friday, July 29, 2016 4:11:18 PM

Post# of 130197
I'd be happy with EVOL revenues over $6M in Q2. The new SaaS model means lower revenue this year. Instead of recognizing license revenue all at once like they used to, now it's only a small amount initially...then spread out over years. So eventually it'll be a good thing. Less lumpiness. And even though 2016 revenues not that great, we should be set up for some steady top & bottom line growth for YEARS to come. When the market figures that out, stock is headed a lot higher. Doubt the Q2 report next week will be much of a catalyst, but would love to be wrong! Q2 backlog numbers should at least show a healthy increase vs. last year. And I think the outlook will be very upbeat.

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