Jul. 2 at 3:51 PM
$CSBR just added. Let's see what they report (last year 7/18/24, so mid July).
Last quarter "Our third quarter was transformational, marked by our first major data licensing agreement-an important milestone toward monetizing our proprietary data platform." Added Morris, "despite ongoing funding constraints in the pharma and biotech sectors, we continue to drive strong performance in our core services business."
"While we anticipate some fluctuations in quarterly revenue, our strategic cost realignment positions us for sustained long-term profitability."
Signed one data licensing deal with a total worth of
$8M. Recognized
$4.5M in the quarter. And wouldn't you know that their profit for the quarter was
$4.5M or
$0.31/sh
fingers crossed they signed another data licensing deal. Or who knows, they don't and maybe stock gets hit, and then can build position at lower cost basis.
