AXIA NETMEDIA J T.AXX

Looks like a good quarter

[the_ocotillo]

I'm only looking at the "headlines" in the press release, haven't seen the financials yet, but Covage results are encouraging, "Covage NGN Services revenue of $11.9 million grew 23% from $9.6 million in Q1 2012. Growing revenue and stable operating costs resulted in EBITDA of $3.4 million up 118% from $1.5 million in Q1 2012".

Nice to see some good news out of France, since that is where most of the CAPEX is being spent. Maybe Covage has turned a quarter there and will start to see some return on investment.

OpenNet was outstanding (as usual).

Definitely need to see more details, haven't seen any financial reports posted on the website yet. But it does look like a good (if not great) quarter.

[theguru1]

12% revenue growth! I think there are only 2 people watching this stock. These numbers are unbelievable and if we can continue we should be able to earn 10cents plus a quarter then the stock should sky rocket. I will double up on shares this week and enjoy the ride.

[the_ocotillo]

The one negative with the latest report was the lack of buying by the company. They only purchased 2,000 shares last quarter so in a sense the buyback has stopped. Since there seems to be a general lack of interest in the stock it is easy to keep the share price down on very low volume. So without the buyback we could see some continued weakness, which can be frustrating. (Especially after a