Aug. 13 at 3:35 PM
$AATC down 8.6% post-Q2 results — what's holding the stock back? 📉
Despite a 98% gross margin driven by a 100% royalty margin compared with 97% last year, Q2 revenue slid 24% as product sales and royalties both took hits. Federal funding uncertainty and product transition woes are clouding short-term prospects.
Opportunity assessment here 👉 https://www.zacks.com/stock/news/2707982/autoscope-q2-earnings-fall-50-yy-as-revenues-drop-amid-product-shift?cid=sm-stocktwits-2-2707982-body-7720&ADID=SYND_STOCKTWITS_TWEET_2_2707982_BODY_7720