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Opti Mist

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Opti Mist

Re: None

Tuesday, 03/27/2018 5:19:26 PM

Tuesday, March 27, 2018 5:19:26 PM

Post# of 3164
Pareteum reports Q4 results; guides FY18 rev above ests

4:26 PM ET 3/27/18 | Briefing.com

Q4 EPS ($0.31) vs ($0.08) single analyst estimate; revs +28% to $4.02 mln vs $3.75 mln single analyst estimate. 2018 Outlook: "Based on our 36-month contractual revenue backlog of $147 million, as of Dec 31, 2017, and connections, we expect 2018 revenue to increase by at least 50% over 2017 [consensus +20%]. As we convert backlog to connections, our revenue will increase and for every incremental dollar of revenue, we expect contribution to our bottom line. Our target gross margins are 70-75% and operating margins of 15-20%."

Opti

Hebrews 11:6 And without faith it is impossible to please Him, for he who comes to God must believe that He is and that He is a rewarder of those who seek Him.

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