cliffvb, re DRAD
No they guided for nongaap earnings of .13-.15/share for the YEAR. Considering they earned a nongaap .06/share in Q2 and .08/share for the first half. That means only .05-07/share for the second half of the year. Or .025-.035/share per quarter. Like I said, disappointing.
Here's the guidance from the Q2 earnings PR:
For fiscal year 2014, the Company expects to generate revenues between $53.5 million and $55.0 million; non-GAAP adjusted diluted earnings per share between $0.13 and $0.15; and non-GAAP adjusted EBITDA between $4.5 million and $5.0 million. In fiscal year 2013, the Company generated $49.4 million of revenue, non-GAAP adjusted diluted earnings per share of $0.03 and non-GAAP adjusted EBITDA of $2.6 million.
It will be interesting to see how high Lone Star and the insiders chase. I don't think they'll buy at $4, but who knows.
