We are about a month away from the quarterly results. On the one hand we know of layoffs and other "cost saving" measures to preserve cash and increase net income. On the other hand we have been hearing of fewer and fewer enrollments, which results in lower than expected cash and income levels. Any guesses on which direction on the level of cash from last quarter, ended December 31, 2013? Is net income increasing or decreasing?
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Burning $5 to $7 million in cash cannot last long!
I am going to take that the burn rate will be the consistent $5 to $7 million that has been apparently happening for the past several quarters.