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
4 comments:
Saleem,
Is it good to add at this time?
Thanks for your comment.
Michael
Hi Michael,
RVBD is going much higher based on everything i heard in cc.
You can add with confidence now.
Good luck !!!
Saleem
Saleem,
Thanks 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,
In RVBD cc,CEO said that CSCO is the only competitor frequently..plus some startup.
Saleem
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