Tuesday, May 21, 2013

Cubic Underwriting Today, After 3 Consecutive Quarters of Negative Operational Cash Flow

Strong SELL. 
Aggregate NEGATIVE OPERATIONAL CASH Flow of $110 million over last 6 quarters

Cubic Corporation (NASDAQ: CUB) is scheduled to do an underwriting today.

Equities Research continues to Warn on this Ticker after CUB reported negative operational cash flow for the 3rd consecutive quarter.

Operational Cash flow for the trailing twelve months ending March 31,2013 was NEGATIVE $70.7 million vs. Negative $24.4 million for the trailing twelve months ending March 31,2012. ($46 million decline, drop of 190%.
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