Another nice quarter for AMS. Q1 earnings of .043/share vs breakeven last year. Q1 revenues up 11%. Love the low float and the balance sheet with $1.33/share in cash. Q1 revenues came in a little better than I was thinking...wish earnings would have been .01-.02 higher with that level of revenue. Oh well. Listened to the CC...not much on there (as usual).
When combined with the balance sheet, I think AMS should be trading closer to $3. If they ever announce another proton beam, this low floater could double. I'm holding but in no rush to add given the current market carnage.
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.