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nelson1234

11/10/23 10:03 AM

#108532 RE: hweb2 #108530

PSIX they did 481 million last year, and 354 through nine months. So they will do something, we don't know, but something less that 127 mil in q4. This quarter was 116 mil.
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Knowledge is King

11/10/23 10:06 AM

#108533 RE: hweb2 #108530

re PSIX($2.89): FY22 revenues were $481M; 9-month FY23 revenues are $354M; so doing the math suggests that Q4 revenues will be below $127M...

Who knows how far below? But with the margin improvement the company has shown this year, even revenues as low as $116M would generate EPS of $.34 (as they did in Q3). And that would result in 2023 EPS of $1.10 or so against a $2.89 stock price!

I don't like the Uyghur issue you highlighted, but I think a forward P/E of less than 3 more than accounts for that risk...