Another Earnings AssessmentGTII sales of $157M were 16% ahead of estimates; EPS of $0.045 was well ahead of the estimates of $0.012. EBITDA of $53M was also 37% higher than forecasted while revenue rose 131%. Cash flow was positive and the results show why the stock has done so well. Guidance was good despite the fact that most analysts view it as conservative. It was not surprising that GTII received multiple broker upgrades.
This assessment was from 5iResearch who admittedly have never been big fans of the sector. That said, they view this as one of the few gems. GLTA