That's why SEAC is a turnaround. Look at the dramatic cost cutting. Combined with greatly improved gross margins. Yeah the stock is up a bunch. But surely the earnings potential has to factor in? Crunch the numbers for Q4 revenues and earnings (both GAAP & non-GAAP). The stock is cheap based on the Q3 they just reported...and Q4 could blow away the Q3 numbers. Software companies can trade at a sizable premium too.
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