RVBD ER was a beat on Sales & EPS
Guiding higher Sales & EPS....
Q4 Sales $165.4 Million vs expectations of $158.6 Million
Q4 EPS 19 cents vs expectations of 18 cents
Q1 Sales guidance $160 Million vs expectations of $154.61 Million
Q1 EPS guidance 18 cents vs expectations of 17 cents
CC was upbeat & conducted with great confidence..
Expecting analysts positive comments & target increase.
AH trade Bid $35.48 Ask $35.65..stock closed in reg hrs @ $34.91.
BLOG does NOT give buy or sell.
Saleem
Saleem,
ReplyDeleteIs it good to add at this time?
Thanks for your comment.
Michael
Hi Michael,
ReplyDeleteRVBD is going much higher based on everything i heard in cc.
You can add with confidence now.
Good luck !!!
Saleem
Saleem,
ReplyDeleteThanks for your comment. RVBD is younger and has a lot of room to grow. It may be good acquisition target for Cisco.
Michael
Hi Michael,
ReplyDeleteIn RVBD cc,CEO said that CSCO is the only competitor frequently..plus some startup.
Saleem