- EPS: Reported 2 cents per share, down from 6 cents a year ago; in line with the mean analyst expectation of 2 cents.
- Revenue: Rose 83.6% YoY to $20.56 million, slightly below analyst expectations of $20.91 million.
- Net Income: $830 thousand for the quarter.
- Stock Performance: Shares down 11.4% this quarter and 20.9% YTD.
Forecast and Analyst Activity:
- Earnings Estimate Revision: Mean estimate increased by 141.4% over the last three months; one analyst revised estimates negatively in the past 30 days.
- Analyst Recommendations: Average rating is “buy”, with all 7 covering analysts rating it as strong buy or buy. No hold or sell ratings.
- Price Target: Median 12-month target of $23.00, about 58.6% above the last closing price of $9.52.
Summary: Despite lower EPS than last year, the stock has strong revenue growth and positive analyst sentiment, indicating potential upside for investors.