Pareteum’s Blowout Quarter, But Some Doubts Linger

  • The company is in hyper growth, although a considerable part is due to acquisitions.
  • Given the markets for CPaaS and IoT/Smart Cities are still in the early innings. We expect that growth to continue for quite some time.
  • While not unusual for a company at this stage, worries about cash outflow and receivables linger and will take another couple of quarters to settle.
  • In the meantime, the shares will likely remain volatile and cheap.

Source: Pareteum’s Blowout Quarter, But Some Doubts Linger – Pareteum Corporation (NASDAQ:TEUM) | Seeking Alpha