More CommentsIt would be one thing if the SP had remained stable as it waited for the results, but this does not seem to warrant the savaging that has occurred in the past few weeks. No doubt there are more games being played but never was the saying more true that the market can remain irrational longer than the investor can remain solvent. GLTA
The quarter was mixed; EPS was a nice beat at 10c vs 8c expected. Sales of $603M were slightly below estimates of $610M. EBITDA of $31M was 12% light. EBITDA rose 31%. The company referenced 'high demand' several times in a generally bouyant commentary. Net revenue rose 64%, EPS rose 43%. But backlog did slip somewhat. (5iResearch)