CTD - Weak Q4 results on backlog slowdown and low margin - Earnings Flash
  • 2019-01-21T21:10:35
  • Company Research
CTD announced Q4 2018 results which trailed our forecast. Net revenue fell by 13% YoY and gross margin contracted sharply to only 5.2%, the lowest quarterly level on record. We are seeking further details from the company’s management regarding this weak Q4 performance.