Savvy Trades and Investments

[southacresdave]

SEAC...The analyst Dougherty boosted their Q4 estimate today in a report to $23.7M and 19c/share non-gaap. They boosted all of 2021 up too. The thing they don't like is the slow cash collection and it's why they say they aren't getting aggressive in recommending the stock right now. They want to wait another quarter to see on that first though they also comment that everything else that management has said this year has come true or better.

The thing I wonder about is why did management leave guidance at $70-80M? $23M for Q4 gives them a solid record quarter yet has them hit the bottom end of their guidance. Do they see some more upside that the analyst doesn't? That's probably just me reading into it more than there is.