ASX:SDRSoftware
SiteMinder (ASX:SDR) Shares Eye Recovery As Losses Narrow
SiteMinder walked into this result with a stock under pressure, down over 17% in the past week and sitting at A$3.11, even as revenue continued to climb. The headline today is not the top line; it is the shrinking loss. Management reported full year revenue of A$266.2m alongside a trailing twelve month loss of A$11.3m, which is smaller than in recent periods. The market is treating SiteMinder as an unprofitable software stock with execution risk, yet the earnings print leans more toward a...