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0.0223570385349961 0.0223570385349961 0.0223570385349961 0.0223570385349961 0.0492079541624536 -0.0139310189866308 0.022357038534996 -0.0113470396584653
Stock impact report

Evolving Systems May Be Nearing An Inflection Point [Seeking Alpha]

SYMBOLIC LOGIC INC (EVOL) 
US:NASDAQ Investor Relations: evolving.com/evol/investors
Company Research Source: Seeking Alpha
Evolving Systems May Be Nearing An Inflection Point Summary Evolving Systems has spent the last several quarters re-inventing their business, and improved results are likely on the horizon. Management made some extremely bullish statements on the company's last conference call, and stated some deal announcements are "imminent". Company's stock price is at historic lows, and the company's CEO believes the market is significantly undervaluing the company. The company has weathered its transformation, and is still in a solid position financially. Evolving Systems, Inc. (NASDAQ: EVOL provider To say Evolving Systems has been having a rough go of it over the past few years would be an understatement. The stock price has careened from nearly $10 a share in 2015, to $5 a share in 2018, to under $1 today. On the surface, headline numbers have not helped things, with double digit revenue declines and steep losses (albeit mostly due to goodwill write-downs). However, beneath the surface things Show less Read more
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