QUOT===> $6.59
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It's actually held up pretty well. Albertsons the food giant they lost that contract or let it run out.- Big hit to earn. We had insider buying before that so I have to think they knew this was coming...
Now what
Quotient is projecting improving finances through most of 2022 as it cuts costs. Investors can follow its gross profit margin for signs that this strategy is helping boost efficiency.
But revenues will take more than a year to recover from the hit they took with the loss of Albertsons -- North America's No. 2 supermarket chain operator -- as a customer. Revenue will likely land between $330 million and $345 million this year, management projects, compared to $521 million in 2021.
That outlook has rattled growth-focused investors who were hoping that Quotient would quickly return to setting sales records. Instead, the company will be focusing on shoring up its finances in 2022 while it works to find more major customers in the online coupon space.
Still think these guys have an ace up their sleeve. I Hold.



