Opnet (OPNT -21.6%) is tanking after delivering a weak FQ2 report. In addition to missing...
Opnet (OPNT -21.6%) is tanking after delivering a weak FQ2 report. In addition to missing revenue forecasts, the telecom software firm guided for FQ3 revenue of $44M-$49M ($47.1M consensus) and EPS of $0.24-$0.36 ($0.29 consensus) - broad ranges that suggest uncertainty about future demand. With yesterday's close translating into a trailing P/E of 52, Opnet had little margin for error.
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