Q: hello 5i,
please comment on earnings. to my untrained eye, it looks like sales grew by 70% but net income fell (slightly). How would you assess these results?
TIA!
please comment on earnings. to my untrained eye, it looks like sales grew by 70% but net income fell (slightly). How would you assess these results?
TIA!
5i Research Answer:
Sales from acquisitons grew but the organic growth saw a decline for the quarter. The results were a bit choppy but markets appear to be taking it in stride. From a long-term perspective, we don't think a whole lot has changed here.