Earnings AssessmentVHI saw revenues of $6.6M, up 107%. Gross margin was 82% vs 81% last year. Annual recurring revenues (ARR) grew 9% to $21.6M. Of the ARR growth, 2.6% was organic with the remainder from acquisitions. Revenue estimates for the quarter were $6.2M and EPS was $0.01 vs actual EPS of -$0.02. The EPS miss aside, we think the quarter looked strong here.
So said the team at 5iResearch. GLTA