RE:Q1 results are out It is reaqcting well. Remember this isn't an EPS story yet...it is a revenue story.
Highlights for the quarter ended March 31, 2014 include:
- Revenues increased 31.2% to $11,518,959 from $8,776,667 in the previous year equivalent quarter.
- EBITDAC increased 36.5% to $2,124,961 from $1,556,431 in the previous year equivalent quarter.
- EBITDAC per basic share increased 11% to $0.10 from $0.09 in the previous year equivalent quarter.
- Income before taxes was $1,112,939 a $93,619 increase in comparison to the $1,019,320 income before taxes in the previous year equivalent quarter.
- Net income for the quarter was $834,704 a $72,486 increase in comparison to the $762,218 net earnings in the previous year equivalent quarter.