AYX 146 -
Revenue for the full year 2019 was $417.9 million, an increase of 65%, compared to revenue of $253.6 million for the full year 2018.
Non-GAAP net income and non-GAAP net income per diluted share for the full year 2019 were $64.6 million and $0.94, respectively, compared to non-GAAP net income of $39.1 million and non-GAAP net income per diluted share of $0.60 for the full year 2018.
Full Year 2020 Guidance:
•
Revenue is expected to be in the range of $555.0 million to $565.0 million, an increase of 33% to 35% year-over-year.
•
Non-GAAP income from operations is expected to be in the range of $71.0 million to $81.0 million.
•
Non-GAAP net income per share is expected to be in the range of $0.80 to $0.91 based on approximately 71.5 million non-GAAP weighted-average diluted shares outstanding and an effective tax rate of 20%.
They are stating that they are going backwards, are they not? And these are the "intellectually dishonest" bullshit adjusted numbers, are they not?
This pinksheet'ish hype of "revenue growth" will eventually fall flat on it's face imho and I intend to be prepped accordingly for, not if but when, it occurs. I will lose a few battles...
