RE:RE:RE:Business Segment financials This quarter definately better than earlier quarters, but it looks to me like it's mainly a timing difference between quarters. Overall during the year sales are still down 10% (as noted timing fluctuates). Not good for a "growth" company.
I agree with you that there is potential, but the issue is that it's been like this for years (without results from the potential). Going forward it looks like it's the same thing, except extra costs including still running both plants, additional R&D, etc.
More specific guidance would be great except they've missed their targets in the past on many occasions, so I'm not sure how useful any guidance really is from them. It really hurts their credibility. Conference calls would be a massive improvement though.
I was a little curious about setting up the future income tax asset as well. However looking at note 19 they still have about $13 million in unrecognized tax assets expiring between 2026 and 2038. If they don't think they'll have taxable income in the next 20 years (above what's currently recognized in the tax asset), that is not a good sign.