- The company’s shares slumped on financial restatements, organizational dysfunction and other mishap.
- The company hired experienced turnaround artists and is embarking on a wholesale revamping of their organizational processes.
- Given that cash flow is still positive and their underlying business seemingly sound, they have time to execute.
- There is a lot of upside if the organizational dysfunction was large but even a return to historical margins will provide a considerable boost to the shares.
InnerWorkings, An Interesting Turn-Around Play
March 16th, 2019 · No Comments