Another View of EarningsEPS of $0.29 beat estimates of $0.233 and revenues of $130.75M beat estimates of $126.84M. The stock has jumped ~10% following the release. Sales grew by 15% from the prior-year quarter, and its international segment saw significant growth, with revenues climbing to $56.7M. It expanded its balance sheet and grew its cash balance to $55.9M, and generated positive free cash flow in the quarter. It continues to trade at a cheap valuation of 12.9X forward earnings and 2.0X forward sales. Several brokers upgraded the stock following this release, and it marks ET's third consecutive quarter of double-digit revenue growth. This was a good quarter for the company, and we like the recent positive momentum in earnings results. (5iResearch)