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Subsea 7 S.A. (SUBC-NO): Spike in Net Contract Receivables Raises Questions
Subsea 7’s results may continue to disappoint…
Tags: Industrials
November 9, 2021
Mercury Systems, Inc. (MRCY): Backlog Coverage Declining as Program Delays Mount
Delays on customers’ programs have led to a significant decline in MRCY’s 12-month backlog coverage, which could make it challenging for the Company to achieve its FY’22 guidance.
Tags: Industrials
October 13, 2021
JCDecaux SA (DEC-FP): First Time Disclosure of Receivables Factoring May Be Indicative of Financial Weakness
JCDecaux factored €87.2 million of receivables in H1’21 in what it called a ‘one-off’ transaction. Management did not mention the factored receivables during the H1’21 earnings call…
Tags: TMT
October 7, 2021
Andritz AG (ANDR-VI): Continued Rise in Net DSO May Be Indicative of Project Cost Overruns
Andritz’s net DSO level increased YoY for the fourth consecutive quarter in Q2’21. Historically, YoY increases in Andritz’s net DSO level have been indicative of project cost overruns…
Tags: Industrials
October 1, 2021
NETGEAR, Inc. (NTGR): Channel Full as Market for Company’s Products Slows
NTGR’s channel inventory soared to at least a five-year high in Q2’21, which coincides with a significant slowdown in the market for the company’s consumer networking products.
Tags: TMT
September 28, 2021
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