Adding some ATEA in the low $7's. Spiked up to nearly $11 on a blowout Q2 report last week. Now almost back to where it started!
Q2 earnings of .21/share vs. .11/share last year. Q2 revenues up 21%. Sitting on about $1.50/share in cash.
Large licensing deals can make the quarters lumpy, but management sounded upbeat on Monday's short CC. Said they were seeing the strongest demand in quite some time....and that the increased demand would have a positive impact on revenues going forward.
They've got an easier comp coming up in Q3. A decent contract PR in the next few weeks could send this low floater running again IMO.
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