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Re: OBrien post# 1522

Thursday, 03/02/2017 4:22:23 PM

Thursday, March 02, 2017 4:22:23 PM

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Hopefully so to explain what happened to the bottom line. While Q4 revenues came in where they were preannounced, Q4 net income turned out to be a lot lower than expected. Looks like only $178K vs. the $259K they preannounced in January. About half of that miss was because they paid taxes. But I'm guessing the stock is down tomorrow. Maybe a lot. The CEO preannouncing the wrong earnings usually not a good sign. And looks like earnings might be taxed going forward?
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