I'm holding a small AEY position into earnings on Tuesday, but not expecting much. As it's a seasonally weaker quarter. Bottom line probably around breakeven at best. That would be a nice improvement vs the prior year, and revenues should be up a bit too. But I doubt the stock does anything in this tough microcap market. Have seen much better looking reports...and the market shrugs.
Not sure what the outlook will be as there seems to be some crosscurrents in the sector. RFIL reported a lousy quarter earlier this week. Even worse they said the major carriers were cutting back on spending. But I guess a temporary thing...as they see significantly improved financial results in their second half-
On the other hand, OCC reported an excellent quarter on the very same day. Earned .10/share in what is typically their weakest quarter vs a prior year loss, with revenues jumping 27%. Outlook on the CC sounded positive too. I actually bought a few shares in the low $4's.
AEY down 17% after reporting their seasonally weak Q4 results. I thought the top & bottom lines might be a touch better, but Q4 numbers pretty much as expected. Stock down 17%? Seems like a harsh reaction, but I guess that's the norm in this market. Funny thing is the stock actually jumped up to the $1.60's in AH trading yest when the report hit. Unfortunately it didn't stay up there long. I sold some, then rebought a little today. Probably bounces around in the low $1's
HHS posts a lousy Q1. Looks like a couple of 1-timers hit the bottom line, but margins still stunk. Stock getting hit AH.
Not sure I want to add, even around $7. Only positive I see is the healthy stock buyback. Q2 will be better (hard to get much worse), but going to be another rough comp.
Will check out the CC transcript later. But after reading the earnings PR, not expecting an upbeat tone.