Q: What did u think of their last quarter in light of the stock drop? Thank u
5i Research Answer:
EPS of 21c beat estimates of 15c; revenue of $12.83M missed estimates of $13.52M. EBITDA of $7.31M beat estimates by 10%. EBITDA rose 79%. Revenue rose 24%. The Natroba acquisition is working well. The balance sheet is much improved versus the start of the year. It was a mixed quarter, but considering the balance sheet improvement and the low valuation we think it remains attractive.