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northenlightsk05

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northenlightsk05

Re: None

Friday, 09/17/2010 10:42:27 AM

Friday, September 17, 2010 10:42:27 AM

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Preliminary quarter earning report out. $2.224 million USD net income and $11.98 million USD revenue. Earning per share of 7.5 cents for fiscal Q4. Revenue almost double over the last Q and earning more than double over the last Q. For the year, net earning of $4.6 million USD.

The results are better than my estimated numbers of 6.8 cents per share for the Q.

Based on Q4 results of 7.5 cents, the annualized earning of 30 cents per share with forward PE=3. Trailing PE=6.8.
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