TSRI - Nice quarter for sure especially when you consider in the previous quarter (Q4), they had EPS of .15 and paid no taxes. This quarter they had EPS of .22 and paid taxes at a 30 percent rate. What did you think of the guidance?
If our current trends continue, we expect operating income to continue to grow on an annual basis as we leverage selling, general and administrative expenses.
I'm not sure how to take it. An optimist and a pessimist could look at this very differently.
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.
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