Telkonet Inc (TKOI)

[JoeyMiggs]

This economy is abnormally weak. I'm just stating the facts. Who cares about the history? Highest Q1 in history, and perhaps this trend continues... Growth investors may pile in, looking for the buyout at $.50 cents, $1. It would be peanuts to anybody doing anything significant in the IOT industry. See, they'd buy the company out just to eliminate the competition, shelf the products. This is how a market works.

From the company:
"Q1 revenue saw an 80% improvement year over year and marked the highest Q1 revenues in history

Revenue from the EcoSmart Platform increased $2.0 million, or 261% over 2015

Gross Profit increased by $1.3 million, or 105% over 2015

Gross Margins expanded to 55%, compared to 48%, second highest in company's history

Adjusted EBITDA increased $0.9 million from $(0.6) million to $0.3 million

Channel sales increased by $0.8 million or 110% year over year"