InvestorsHub Logo
icon url

Knowledge is King

06/01/17 11:13 AM

#35846 RE: SSKILLZ1 #35844

re EDUC($10.50): good point on the impairment, I should add that back. And the "other income" does seem like it will be recurring at the higher rate...overall, not such a great short anymore--as you said--


Conference call at 3PM EST today should be interesting...
icon url

benlurkn

06/01/17 11:45 AM

#35847 RE: SSKILLZ1 #35844

EDUC Yes they earned .32 in Q4 after backing out impairment. Margins are improving and revenues still growing as previously disclosed up 25% for the first 2 months of Q1. And active sales consultants up over 1200 from end of Feb. to early April. Looking much better now as they seem to have recovered from last years software switchover fiasco. I would expect the seasonably weak first Q earnings to come in around that same .32 with that being the low mark for their fiscal 2018. Owning EDUC certainly has its risks but I think we go higher from here. They have a good product that is conducive to the MLM world. Not a perfect company but definitely not a scam as the SA shorting crew was trying to depict. Looking forward to CC. Still think it is too early to sell even after recent large price increase. IMHO