Description
⋅ Broken Down Pony Post E/R or Buyable Hiccup?
12% YOY Rev Growth for Q2 2013.
9% income from operations growth from Q2 2012
8.8B MKT cap @ 180 on 49.4 shares
1.8B 2012 Revs w/ management targeting 13% YOY growth in 2nd half 2013
Multiple 63x
(Cashflow margins 68% of Revs in Q2 2013++) 10-15% decrease effective tax rate assuming successful conversion to REIT & assumption of 50% Revs generated outside of U.S