Q: Can you comment on results? Thanks John
5i Research Answer:
Q2 revenues came in at $203 mln, shy of the $208 mln expected. EPS was $0.27 vs $0.32 expected. The stock is cheap at 5X forward earnings and momentum looks good. It was a record quarter for revenues, up 30% and the expiry of their warrants helps simplify the story a little as well. Production was up 7%. Overall, things look pretty good here.