>>60807983
i started adding to CXDO, prob gonna keep adding since their earnings were good

they have a textbook example of operational leverage, revenues increased from 28m to 64m when their op expenses only grew from 20m to 37m. Their eps can grow so fast with that leverage, theyre profitable now thanks to that. $10 to $11 is too low of a price target, those analysts are just picking a random number higher than what it is, the company is at such a cheap evaluation im expecting something like $15 to $20 instead as a price target, basically 3x and that'd only be around a $500m market cap, very cheap for a company disrupting the market against cisco and microsoft (microsoft metaswitch was scrapped, basically cxdo a tiny company was much better they ditched this business)

plus now that theyre profitable and continuing to grow both topline and bottomline. again beautiful example of operation leverage.
it met the requirements to get into Russell 2000