Sunday, May 21, 2017 6:00:02 PM
So, if they got all the units back on the road we should be back on track. Also if the demand is as strong as they say and this recall was an isolated incident, it should go away and be forgotten pretty quick.
I do want to point out that 2016-q3 monitoring revenue was lower than 2016-q2's, indicating there was a previous recall???? Maybe when the same recall started???? I can't say but from bot2soon's research, faulty devices are pretty common in this market, let's just hope it doesn't become common with us. Would be nice if Wainer gave us the dates when the recall took place.
That being said, we're watching the net again, they need to do better than a negative $200k to show an improvement.
EPS will be a bit tougher to improve on because of the o/s increase but as long as they keep expenses below $250k, depending for how long and how many of those 1,700 units were leased first quarter, we could see a major improvement in Q1 over Q4 with this quarter (Q2) hopefully feeling the full affect of that many units leased for an entire quarter.
As far as assets and liabilities, they did good. They're trending in the correct directions and as long as they keep assets above liabilities, there shouldn't be much focus there until growth starts to slow down.
So cheers everyone, lets cross our fingers for a nice quarterly. Could put us back in the .40 range, if not, hope everyone has some Dramamine handy! It could get bumpy real quick!
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