InvestorsHub Logo
Followers 21
Posts 1563
Boards Moderated 0
Alias Born 08/03/2017

Re: UpOrDown post# 114656

Tuesday, 12/05/2017 3:38:58 PM

Tuesday, December 05, 2017 3:38:58 PM

Post# of 179941
Ok ran some quick numbers to isolate Q3 results vs. prior quarters...
Q3 Rev of $4.4m vs. $3.2m in Q2. Gross Margin % up to 40% from 33.5% in Q2 (so discounts not hurting them relative to prior quarter it appears). Net income for the quarter of $294k (6.6% of sales) vs. Q2 of $216k (6.7% of sales)...quick glance at expense seems to be from higher marketing/advertising costs...aka reinvesting profits in growth.

My only hesitation is these funky notes!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.