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CUI Global Inc

CUI Global's energy division tipped for 'significant revenue acceleration'

Capital Network analyst Ed Stacey offers up his views on CUI Global's (NASDAQ:CUI) Q4 and full year 2018 earnings.

Stacey says the company reported strong results for the full year with revenues of US$96.8mln versus his forecast of US$92.8mln.

He adds that the FY order backlog stood at US$37.5mln versus US$32.8mln at the end of 2017.

Stacey's forecasting a 'significant acceleration' in revenue growth for its energy division in 2019 and 2020, driven by the GasPT product, which he says will prove to be a major driver for improving profitability.

Quick facts: CUI Global Inc

Price: $0.73

Market: NASDAQ
Market Cap: $20.97 m
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Capital Network analyst discusses 'transformational' CUI Global deal

Capital Network analyst Ed Stacey says a proposed deal to combine CUI Global (NASDAQ:CUI) with four other businesses will result in an entirely transformed entity with more than 3x the revenues (estimated) of the existing CUI business. The four target businesses provide services to...

on 20/5/19

2 min read