RE:RE:Very sound fundamentals Their gross margin %-of-revenue trend for 2014 is 72.0%, 2015 72.5%, 2016 70.7, TTM 70.5% (basically flat)
Their net income %-of-revenue trend ( net margin %) for 2014 is 5.5%, 2015 11.9%, 2016 2.2% & TTM 4.3%
so based on the above it appears that revenue verses cost of goods sold is flat
revenue verses all expenses has fallen since 2016 but that is when the new CEO was brought on I believe , this guy was not making operations more effecient based on above.