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News Breaks
May 15, 2014
14:10 EDTSQISciQuest risk/reward ratio attractive, says Barrington
After SciQuest reported lower than expected Q1 revenue and reduced its 2014 guidance, Barrington says that the guidance reduction was partly due to the company's decision to assume that its sales would take a couple more months than average to close. The firm says that closing large contracts can be lumpy, but it continues to like the company's products and technology, and it thinks the company's appeal as a takeover target has increased. It keeps an Outperform rating.
News For SQI From The Last 14 Days
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July 31, 2015
10:02 EDTSQIOn The Fly: Analyst Downgrade Summary
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09:18 EDTSQISciQuest downgraded to Hold at Canaccord
As reported previously, Canaccord downgraded SciQuest to Hold from Buy citing its lower revenue and free cash flow growth rates and relative valuation. Canaccord lowered its price target to $14 from $20 on SciQuest shares.
06:22 EDTSQISciQuest downgraded to Hold from Buy at Canaccord
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July 30, 2015
16:52 EDTSQISciQuest sees FY15 EPS 25c-27c, consensus 31c
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16:51 EDTSQISciQuest sees Q3 EPS 6c-7c, consensus 9c
Sees Q3 revenue $26M-$26.2M, consensus $27.32M.
16:50 EDTSQISciQuest reports Q2 EPS 7c, consensus 7c
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