Why would you state the new EPS on a start up company that clearly has the financial objective of hitting break even this year? Start ups are valued on revenue multiples, and 21% revenue growth Q1 2012 over Q1 2011 is a driver of multiple expansion. Go look at $AUGT and you will see they have had nothing but negative EPS since they started trading, yet they have a 200 mm market cap!!!
The reason is that it is valued based on a multiple of revenue.
