RE:RE:23% Increase In Revenue And A Positive Net IncomeRegarding the Royalty/Seat Utilization revenue, When I do the math over previous quarter they actually did $1.713M in usage revenue. That's higher than what Echelon Wealth predicted of around 1.3M
I forecasted 1.8-2M so I'm off a bit, but these are all good numbers. Good way to end the fiscal year, and let's hope now, the bottom is in, and they grow from here on in.
Expect a bump in the stock price tomorrow. Any further weakness in the stock, is only an opportunity now. The numbers don't lie.
BUT - this company still has alot of work to do....at least this is some good news finally.