Q: What is your take on earnings released today?
EPS of $0.1 beat estimates of $0.0124 and revenues of $38.96M beat estimates of $38.66M. Sales grew by 31% against the prior year and adjusted net income expanded to $3.4M from a prior year loss of ($0.5M). DCBO expanded its customer base from 2,805 for the same period in the prior year to 3,394 in the most recent quarter. Management expects revenue for the next quarter between $41.3M and $41.6M, a gross profit margin of 80.0% to 81.0% and an Adjusted EBITDA margin of 4% to 5%. These were pretty strong results and management's forward guidance was quite positive as well. We would like to see DCBO's current trend of profitability continue, but its overall fundamentals for the quarter look strong.