"Cost of revenue decreased $0.3 million, or 25%, as compared to the same period in 2015. The decrease in cost of revenue was primarily due to the decline in product sales."
How come this stock went up after this announcement? They decreased in revenue... anyone have an explanation?
Posted Aug 11, 16 4:37 PMbyjacjanowski
Tickers
AMDA
@jacjanowski who cares? the reaction to earnings is more important than the numbers. we aren't value investors. Learn more about Tim's earnings winner strategy here > http://automatedinvestmentresearch.com/2016/06/27/learn-the-methods-find-the-stocks-build-the-bankroll/
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