EVOL...Keeps inching up...18000 was on the ask @ $4.70 this morning. Now it's 9700 on the ask. If/when that gets cleared out it would be pretty strong IMO. Looking forward to earnings.
From last cc...
Unidentified Analyst
Hi, Tom. Hi, Dan. I have four questions for you more of the macro level but a follow-on to the very first question that was asked you, you look like you're running at about 80% gross margin which is extraordinary leverage for even relatively low revenue growth in terms of bringing money down to the bottom line.
Looking out obviously that interested in guidance for next year and I know that something that you don't want to provide but looking out over the longer term let's look at five years what kind of revenue growth you think you can generate in aggregate out of your current model. You're operating at a extremely efficient level, you have cut expenses and you have this high gross margin so, do think you can operate at 5% revenue growth over the next five years 10%, 15% some kind of area metric that you may be pointing towards or think you can accomplish given the growth in your marketplace etcetera.
Dan Moorhead
No, again I'm somewhat relatively new at Evolving but I think, we'll be targeting at least basic hitting in the neighborhood of 10% type of growth over the next five years. Given that are you as I explained earlier there are going to be some differences in the early quarters that is what Q3, Q4 this year Q1, Q2 of next year as we gradually migrate out of this lumpy license or orientation to a more predictable, recovering revenue model.
Unidentified Analyst
Okay, and that's really -- this speaks of potential for much greater net income growth.
Dan Moorhead
Yes.
The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.
