Oct. 25 at 6:56 PM
$MVST The street's Q3 consensus of
$0.035 EPS is a relic of a past cost structure. Q1/Q2 financials established the new reality: sustained ~35% gross margins and disciplined OpEx. Hitting the low-end of their own
$450-475M annual guidance implies a Q3 of
$120M rev, which mathematically yields an EPS of ~
$0.06, making an 80% beat the conservative baseline.
The logical outcome is a swift re-rating toward a fundamental floor of
$8.00+ post-earnings.
TLDR; If my calculations are correct, when this baby hits more than
$120M Q3 revenue...you're gonna see some serious shit.
