GBA Presents: RADIO SAVANT-!

Discussion in 'Stocks' started by stonedinvestor, May 13, 2022.

  1. UPDATE*** MQ has been good all day!!! Flat.-

    Still in the MQ game- If the market could stabilize this will become a big winner.

    Marqeta, Inc. (MQ)
    NasdaqGS - NasdaqGS Real Time Price.
    7.72+0.01
    As of 02:53PM EDT.

    Out of BROS and DIS. DIS I got a good fill, caught an upswing but it ran on another 50 cents.
     
    #8641     Oct 26, 2022

  2. Hey I'm not going to push all these original posts forward on the sales this morning to say how great I am- just this one if i could because it's a special shout out to Jimmy Cramer who on the Carl Kintenia show in the morning made a special reference to me about BROS... looking all exasperated--WHAT AM I GOING TO DO IN THIS MARKET BUY A BROS!! <-- fat bastard Knew I was in heavy I told him.... Well look who's smiling now Jummy!


    **GBA Trade $31.15-------> $38.40
     
    Last edited: Oct 26, 2022
    #8642     Oct 26, 2022
  3. OFF TO CT BRIGHT & EARLY TOMORROW-!:)

    This is what retired folks can do...

    THIS IS

    RADIO SAVANT-!
     
    #8643     Oct 26, 2022
  4. vanzandt

    vanzandt

    well, I didn't say buy or sell the etf, I'm just using that as a gauge of the bigger picture.
    I provided two individual stocks. And VALE.
     
    #8644     Oct 26, 2022
  5. vanzandt

    vanzandt

    Did you close it like I said? It closed at $36
    https://elitetrader.com/et/threads/gba-presents-radio-savant.367042/page-863#post-5703574


    Edit, ok, i see you did.
    And how exactly did you get $38.40 lol?
    As it was $37 and dropping when I made that post.
    And it didn't look back. :rolleyes:

    Glad I took $109 on The Wolf.
    I had a feeling it was gonna sell off.
    Options were bearish af.
     
    Last edited: Oct 26, 2022
    #8645     Oct 26, 2022
  6. Gee, Meta tanking, if only we had a few hints(Google, Snap)?
     
    #8646     Oct 26, 2022
  7. vanzandt

    vanzandt

    Those options yesterday foretold The Wolf's demise.
    WOLF $80.88 <----- :wtf:

     
    #8647     Oct 27, 2022
  8. vanzandt

    vanzandt

    IPWR---> $11.11 :thumbsup:
     
    #8648     Oct 27, 2022
  9. vanzandt

    vanzandt

    U.S. defense contractor Northrop Grumman Corp(NOC) on Thursday said it expected full-year sales and profit to be near the lower end of its forecast, amid lingering supply chain snags and higher costs that have weighed on earnings throughout the industry.
    :wtf::wtf::wtf:
    >>>>Sell!
    NOC $530
     
    #8649     Oct 27, 2022
  10. vanzandt

    vanzandt

    BREAKING NEWS

    Long Time Stoney Favorite.
    --->EXTR

    VZ cautiously upgrades to buy on strong quarterly results.
    Good company, bad sector... but... still a good company
    $15.70 on the ask pre-market
    Wait for $14.57

    ____________________________________________

    Extreme Networks Reports First Quarter Fiscal Year 2023 Financial Results

    Double-Digit Growth Fueled by Cloud Subscription Results in Record Revenue

    Reiterates FY23 Revenue Growth Outlook of 10-15%


    Extreme Networks, Inc. (“Extreme”) (Nasdaq: EXTR) today released financial results for its first fiscal quarter ended September 30, 2022.

    Fiscal First Quarter Results:

    Revenue $297.7 million, up 11% year-over-year, and up 7% quarter-over-quarter
    SaaS ARR* $111.0 million, up 41% year-over-year, and up 8% quarter-over-quarter
    GAAP diluted EPS $0.09, compared to $0.10 in Q1 last year and $0.04 last quarter
    Non-GAAP diluted EPS $0.20, compared to $0.21 in Q1 last year and $0.15 last quarter
    GAAP gross margin 56.0% compared to 55.4% in the prior quarter
    Non-GAAP gross margin 57.6% compared to 57.0% in the prior quarter
    GAAP operating margin 5.8% compared to 3.8% in the prior quarter
    Non-GAAP operating margin 12.1% compared to 9.6% in the prior quarter
    Net cash provided by operating activities of $49.7 million
    Free cash flow of $46.6 million

    “We delivered record quarterly revenue of $297.7 million, and SaaS ARR of $111 million. Our customers view networking as a strategic asset, and they choose Extreme because we are the best choice to drive operational efficiencies and create better outcomes for their end users. This is evidenced by this quarter’s impressive double-digit revenue growth, record revenue, and continued growth of backlog, which now sits at $555 million,” said Ed Meyercord, President and CEO of Extreme.

    “Extreme continues to take share in a thriving and competitive market. The flexibility and intelligence of our products like Extreme Fabric, ExtremeCloud IQ, and innovative capabilities such as Digital Twin and AIOps, are gamechangers. We make it simple to deploy and manage networks, which transforms the way our customers drive their businesses. The combination of our continued revenue growth and record backlog gives us even greater confidence in our long-term growth outlook,” concluded Meyercord.

    Extreme’s Chief Financial Officer Remi Thomas added, “In addition to our strong topline results, both gross and operating margins improved sequentially. Our subscription business revenue grew approximately 40% year-over-year driven by the adoption of our cloud solutions. Given another quarter of strong free cash flow, we retired $37 million of our debt, which will be accretive to earnings.”

    “As we look at the remainder of FY23, the continued improvement in the supply chain environment gives us further confidence in our topline growth outlook of 10-15%. We expect to cross the 60% gross margin threshold and achieve an operating margin in the mid-teens in the second half of our fiscal year,” concluded Thomas.

    Recent Key Highlights:

    Extreme introduced the Extreme AP5050: the industry’s first Wi-Fi 6E Outdoor Access Point (AP) optimized for deployment in venues, convention centers, hospital and university campuses and large stadiums, among others. Specifically designed for high-density outdoor environments, the AP5050 improves mobile speed and performance and reduces interference of devices.

    Minor League Baseball (MiLB) selected Extreme as an Official Technology Innovation Partner, supporting the testing of new stadium and in-game technologies. As part of the agreement, all of MiLB’s 120 teams will have access to Extreme’s SD-WAN solution, which will enable them to share data easily and securely, including player performance data, game review videos and other proprietary information.

    Hana Bank, one of the largest banks in South Korea, needed to refresh its data center network so it could continue to protect sensitive customer information and ensure uninterrupted operations. Extreme’s high-capacity switches and Extreme Fabric technology will help support the mission-critical network with best-in-class network security, stability, and performance.

    A major luxury Las Vegas casino scheduled to open in 2023, has chosen Extreme to provide critical networking infrastructure needed to support corporate IT operations, A/V requirements and connectivity for guests and staff across its 4,000 rooms, 550,000 square feet of convention space and the casino floor. Extreme will deliver a flexible, secure network that can scale to support the casino’s wide range of day-to-day needs as well as special events like business conferences, entertainment events and guest receptions.

    Extreme helped the Ministry of Justice in France automate the deployment and management of its network, which spans hundreds of remote sites across the country, and gain better visibility into network performance across all points. The Ministry deployed end-to-end networking solutions and invested in Extreme Premier Services, significantly reducing the need for additional internal or external IT resources.

    The San Diego Community College District, one of the largest community college districts in the U.S., was looking to scale connectivity across its campus to offer more tech-driven curriculums and support a variety of IoT devices across campus. The college deployed Extreme Wi-Fi 6 Access points and switches and is managing the entire network from ExtremeCloud IQ, reducing the need for additional IT staff and creating visibility into network performance across the entire campus.
     
    #8650     Oct 27, 2022
    stonedinvestor likes this.