RE: RE: Q1 Earnings Out Adding up net income over the past 4 quarters to around $1.04M, giving us a traling 1-yr P/E of approx 1.7 (on EPS of 3.5 cents), undiluted. Fully diluted a little closer to 2x and 3 cents. Dropping of Q1 2012 (with negative earnings) makes a big difference to our current relative valuations.
Shame the 1-year financial success was not more prominantly displayed/advertised in the news release and accompanying financial statements.
I'm looking forward to the contribution to top and bottom lines from the recently announced contract for $1.1M. REvenue in the past quarter was $1.5M. Q2 and Q3 revenue should both be $2M+. I don't know how margins are on the services provided in this contract, so I'm unsure of the contribution to bottom line, but the top line contribution has the next couple of quarters shaping up nicely.
The contract also shows the continued take up in international markets.
Disclosure - I own shares of NTG Clarity Networks Inc.