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Honestly this feels like a massive overreaction by the market for a company that just had a revenue increase of 21%. Most of their profit margin miss was due to
by Deukhoofd 3y ago
Honestly this feels like a massive overreaction by the market for a company that just had a revenue increase of 21%. Most of their profit margin miss was due to them investing heavily in personnel, which sounds more like a company securing a strong future than a company in any trouble.
- djbusby 3y agoOr burning money to scale up people. Which is easy to trim after the growth.
- dfsasadfklj 3y agoI don't know man, their forward p/e is like > 60 at current market price. Buying part of a business at that valuation with a revenue increase of 21% and decelerating doesn't seem like that great a deal to me.