Earnings Assessment DOC reported EPS of ($0.02), missing estimates of ($0.008), and revenues of $39.16M beating estimates of $36.91M. Revenues increased substantially above the prior year (~11X), and while the company is not yet profitable, it has been improving its net profit margins. Its cash balance decreased slightly from $60.9M in the prior quarter to $53.7M, although, it did not issue any debt and only a small amount of stock, and it repaid a small amount of debt. We consider this healthy as previously, the company was diluting shares frequently per quarter. The partnership with Sunlife is a good testament to the company's operations and should act as a tailwind for the company going forward.
Provided by 5iResearch. As always, they like to see improving profit margins. GLTA