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Re: pmony5 post# 30602

Friday, 02/03/2017 3:46:44 PM

Friday, February 03, 2017 3:46:44 PM

Post# of 113280
CRTN - Pmony, i was reviewing the case for this one, which is on my watchlist, and i ran across this statement by mgmt during the last conf call (in Nov '16):

"[...] there is a lot that we are happy about with this quarter; chief among them is our ability to manage our costs further and to achieve profitability despite revenue headwinds. We expect Q4 to also represent challenges to our top line comparables mainly because of the currency translation effects which have negatively impacted our EMEA revenues."

Do you care to add some color here? I'm concerned that the mkt may need to digest this before the stock could resume its upward movement.....

Thanks in advance....

P.S.-- it looks like the stock closed above the $1 mark for the 20 consecutive days to stay compliant with Nasdaq rules. Congrats!

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