Another nice quarter for AMS. Q1 earnings of .043/share vs breakeven last year. Q1 revenues up 11%. Love the low float and the balance sheet with $1.33/share in cash. Q1 revenues came in a little better than I was thinking...wish earnings would have been .01-.02 higher with that level of revenue. Oh well. Listened to the CC...not much on there (as usual).
When combined with the balance sheet, I think AMS should be trading closer to $3. If they ever announce another proton beam, this low floater could double. I'm holding but in no rush to add given the current market carnage.
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