Replies to post #103891 on Savvy Trades and Investments

[SSKILLZ1]

CXDO

I reviewed CXDO yesterday to see if I should be interested to buy and it is a hard pass for me. At first glance you want to get excited with the .09 Non Gaap for the quarter, but that would be a mistake, because most of the non gaap income should be exed out.

They had a 447k income tax benefit in the quarter, that should be exed out. They also had 1.6 million in other income thanks to a one time releasing of a sales tax accural. All of a sudden Non gaap income is down to what .015 for the quarter. Hence we are trading at what about 30 times this quarter annualized results (Untaxed). I don't know if you were aware of this but I believe the fact that EPS on a non gaap level was probably down around 300k sequentially minus the one time gains, probably has alot to do with the weakness. Just thought I would mention it, don't love when companies make EPS sound great on a non gaap level, but in reality it is not nearly the case, thanks to how everyone presents non gaap eps differently, so you have to be very careful looking at that number, because one person, non gaap calculation you may like others you may not. Just a pet peeve of mine. All is just my opinion, and I could always be wrong though.