ASX:FCLSoftware
FINEOS (ASX:FCL) Shares Rebound As Profit Emerges Under Rich P E
FINEOS Corporation Holdings closed at A$2.25 on Friday, capping a choppy three months where the stock slipped about 14% even as the last week and month both showed double digit rebounds. The market has been wrestling with one thing above all else: a high growth software stock on a triple digit trailing P/E now has to prove its earnings power is real, not just promised.
The headline from this earnings release is that profit has arrived. FINEOS delivered positive net income of €1.9m for the...

