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MARK

Remark Holdings

$2.12

0.29 (15.85%)

08:33
01/22/19
01/22
08:33
01/22/19
08:33

Remark Holdings sees Q4 revenue $26.6M-$26.8M, one estimate $20.72M

Remark Holdings announced preliminary unaudited revenues between $26.6M and $26.8M for the Q4 of FY18, including a $6.8M-$7.0M revenue contribution from the Company's KanKan AI technology operations. The Company also announced preliminary unaudited revenue for 2018 between $83.4M-$83.6M, including a $12.4M-$12.6M contribution from KanKan.

MARK Remark Holdings
$2.12

0.29 (15.85%)

01/31/18
ROTH
01/31/18
NO CHANGE
Target $20.5
ROTH
Buy
Remark Holdings price target raised to $20.50 from $10.25 at Roth Capital
Roth Capital analyst Darren Aftahi raised his price target for Remark Holdings to $20.50 from $10.25 given continued strength in FinTech contract wins. The analyst believes recent share weakness is unfounded, with valuation making risk/reward "highly attractive." He reiterates a Buy rating on the shares.
11/15/18
ROTH
11/15/18
NO CHANGE
Target $7.5
ROTH
Buy
Remark Holdings price target lowered to $7.50 from $13.75 at Roth Capital
Roth Capital analyst Darren Aftahi lowered his price target for Remark Holdings to $7.50 from $13.75 after the company's Q3 results missed on weaker KanKan sales, while annual KanKan guidance was revised down to $6M-$10M. Remark Holdings also missed its debt payment, while paying an additional $1M fee to its lender, he adds. Aftahi reiterates a Buy rating on the shares.

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