Wednesday, May 01, 2019

Venture Corporation Announce Slower Next Quarter

On 29 April 2019, Venture Corporation:
While 2H19 is expected to be seasonally stronger than 1H19, VMS has hinted that the traditional 45:55 revenue seasonality pattern in 1H:2H may be less pronounced this year, mainly due to a mixed outlook from its broad base of more than 100 customers as a result of protracted trade tensions and the global economic slowdown.

The fast and furious is due to its slower next quarter earnings.  No doubt it announce a better 1st quarter earnings but remind yourself that stock market are forward looking.


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