Brad Stephens Quotations

The only negative was that revenue came in a little light.

Short-term traders are disappointed after they'd hoped for a large upward revision.

We're looking at a $2.1B-revenue company now, whereas two years ago it was a $1.3 billion company.

While we applaud the difficult decision to reduce the workforce in order to enhance shareholder value, yesterday's restructuring announcement leads us to suspect headwinds may be stronger than previously indicated.

There's concern they're nearing the end of their growth curve. Investors tend to shoot first and ask questions later.

They've made a lot of important and not easy steps in closing some divisions. But I think there might be more fat to trim.

In our opinion, the simple analysis of the downward revision is the watch business stinks, it's not going to get better for a long time, and investors should stay on the sidelines until we see signs of a turnaround.