Earnings AssessmentRevenue rose 31% to $189M revenue although that was 12% below estimates. But there were lots of positives as the EPS was a beat, margins increased by 3.5 points and the EBIDTA more than doubled. Despite the miss on earnings, growth is solid, recent acquistions look good and the key here is much better financial flexibility as debt has been cut in half since year end. We consider these to be good results (which presumably explains the multiple upgrades).
So said 5iResearch when asked for their assessment. GLTA