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kinggeorge13

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kinggeorge13

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Thursday, 03/14/2013 6:50:28 AM

Thursday, March 14, 2013 6:50:28 AM

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Not wanting to rain on the parade

And I am a shareholder hoping for the best, but didn't they simply get to profitability this past quarter by recognizing that income tax benefit of $50.2M in Q4 compared to a tax expense of $550k in Q3? I would assume this is a one-time thing. So this Q4 they reported a net income of $28.3M vs a net loss of $32.5M in Q3. That's approximately the change amount that the $50.2M tax benefit made up. Or am I missing something here (and would not be surprised I am)?
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