Bad numbers from globus in Q1. Margins gone for a toss tmyet again. In last con call management had guided to maintain margin at 14-15% for next 2 quarters. But margin came in at 9.6%. I have been noticing it is very difficult to trust this management because from the past 1.5 years their guidance on margins barely stands. They had initially guided for North of 24% margins during covid, which then gradually fell to 19% then 14-15% and now they are not even being able to maintain 10%. Would appreciate the views of others in this regard…
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