I don't think missing projections is as big a deal as some people make it out to be. Google "company misses projections" and it will give you a long list of recent headlines from major corporations. Perhaps investors are a little more forgiving when a large-market-cap company misses its estimates, but missing projections comes with the territory with smaller companies like PTQ. I would think investors already know that. IMO, profit is still king.
A small sampling of the headlines I got from the above search ... I limited my results to only those posted in the last 24 hours.
Apple Drops as Results Miss Estimates
Zynga Misses Estimates
UPS misses estimates, cuts 2012 outlook
Newmont Gold Quarterly Profit Misses Estimates as Costs Rise
Starbucks Stock Plummets on Earnings Miss
Kaydon 2Q profit falls, misses predictions
Vulcan Materials Misses on Both Revenue and Earnings
VeriSign Misses
Green Dot Sharply Lowers Profit Forecast
Facebook shares sink to new low after Q2 results
Sprint Nextel Misses