$11 million in revenues for the quarter ended March 31 $3.9 million net profit before taxes, $2.6 after tax hard to break it out but it seems like they may do $12 million sales this quarter.
good stuff. approaching $50 million annual run rate. no mention of new mill...which only adds $$$
Looks like a huge sequential drop and when you consider that December was supposed to be a seasonally weak quarter and calendar Q1 was supposed to be a seasonally strong Q, this is rather ugly.
Late to this, but actually looks like 6.4 cents in Q2 earnings. I was expecting a sequential gain. Looks like a big Q3 could be in the works though. From the 8-K: "orders of $8,650,000 waiting to go into production." If most of that hits in Q3, that would be something.
I'm guessing there were big expenses for Mill #3, but we'll see.
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