Continued cost cutting is going to help the bottom line. The company is making money in one of the worst markets and there's room for earnings to go a lot higher.
More Quotes from Matt Kelmon:
Selling or spinning off the business, would be a Band-Aid on an open flesh wound, ... The stock would move higher in the short term but the company would regret it three to five years from now. They just need to focus on how to make money from their existing subscriber base.Matt Kelmon
It's a tricky situation, because higher borrowing costs put pressure on their ability to raise the dividend, but they could make a nominal increase.
Matt Kelmon
There definitely is a way for them to prosper in the future and reinvent themselves. I just don't know what it is right now.
Matt Kelmon
The 30 percent revenue growth days, I think we might have just have seen them top out. Now they have to take what they've got and see how they can leverage it.
Matt Kelmon
You're not going to see hyper growth until October.
Matt Kelmon
This is an easier way to make earnings transparent. I'm hoping that other companies will follow suit.
Matt Kelmon
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