Another Earnings AssessmentWhile the SP initially responded favourably to the recnet earnings, it has now fallen back to nicley below where it was prior to the release. Based on this assessment (which is similar to many of the other recent upgrades) this makes no sense. As a long term investor, I was pleased to add more this morning. GLTA
DSG revenue was $87.5M, up from $83M last year. EBITDA rose 16% YOY. EPS of 16 cents was 14% ahead of estimates; revenue was 2% and EBITDA was 5% better than estimates. EBITDA margins (always important) rose 4 points and CF rose 20%. We would consider this to be a strong quarter.
So said 5iResearch.