$NVTA throughout 2017 & 2018 management said multiple times “co has ability to grow 100% each year for foreseeable future” Then they miss “at least $220M” 2019 target, and issue “at least $330M” 2020 guidance, which isn’t in same ballpark as $500M aspirational guidance. Enough with the semantics on commitments. More hype than substance until proven otherwise. Manufacturing “re-acceleration of revenue growth” by comping 2020 vs a miss in ‘19 is not how this works. A “strong” re-order rate of 80% is not strong enough if you can’t hit low end of your guide. Enough w the cheerleading for this co. Put up or shut up for mgmt. They no longer deserve benefit of the doubt, they’ve used that up.
  • 3
  • 4