Replies to post #29 on Escalon Medical Corp. (ESMC)

[greasemonkeyshoes]

You nailed it.......
"The $500,000 software license revenue(eps=6c) helped a lot, but even without that it(eps=3c)looks good. "
Based on this quarter and going forward,I believe eps=8c is sustainable for 2018,ex-$500K.
In the nutshell:
topline grows at 7%+;
cost stabilized at 54% of revenue;
sg&a is down to 35% of revenue vs 40% in 2017;
R&D is down 4% of revenue.
or
2018 net income=sale*5%,business model is working.