(Total Views: 659)
Posted On: 05/08/2019 8:31:39 AM
Post# of 32290
You are correct: NASDAQ investors will be smart enough to combine the earnings to get the full picture. Only OTC investors are the ones who are saying Sound Concepts' earnings won't count because they cannot be reported combined with Verb's since the acquisition happened after March 31. The combined earnings will show good revenue for 1Q compared to the combined earnings for 4Q of last year. It will show the start of a growth trend which is important, and a growing subscriber base with recurring revenues, which Wall Street likes to see. Of course when 2Q comes along the picture will be even better, and then of course the earnings will have already been combined. However it is simple math to combine the two sets of earnings the company will report for 1Q. Anyone saying Sound Concepts' earnings for 1Q do not matter has an agenda, and it isn't one of helping the company or the shareholders.
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