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MikeDDKing

10/02/15 9:52 AM

#49 RE: Knowledge is King #48

Yeah. That comment of mine was off the mark. The earnings in the quarter was really three things. It was higher catalyst sales, benchtop sales, and GM. Catalyst sales were a result of filling the backlog that was there. Catalyst sales have always been very lumpy but were the largest reason for the top line increase. The benchtop sales were what I mentioned. The third factor was GM. GM has been low in some of the recent quarters especially in the June and September 2014 quarters. It looks like that is now rectified. I haven't had a chance to investigate why GM was lower in those prior quarters.