$PERI Last quarter was reported on Feb 9th, less than a month later on March 5th they increased guidance. If you listened to the conference call two "read between the line" items clearly stood out 1) They continue to sandbag their guidance just based on existing operational performance [They appear to be on a trajectory to reach $500MM in Revenue in 2022, not 2023 as publicly targeted.] 2) Management is actively working on some significant M&A projects - remember they raised $60MM earlier this year and have no debt... hmm, wonder why? $600MM Enterprise Value for over $400MM in current year Revenue (likely closer to $450 in reality) gets you an EV/S multiple of 1.3X - a great tech co. trading at less than retail store multiples....BUY WITH BOTH HANDS.
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