Q: Earnings out probably not as meaningful as aquation but was there anything in earnings comments that you could elaborate on
5i Research Answer:
EPS matched estimates coming in at 12c. Revenue just missed estimates of $5.4M coming in at $5.3M being flat year-over-year. Epuris product revenue increased 18%, to $3.2M. Licensing revenue decreased by 25% to $1.6M. Gross margin on product revenue increased by 4% to 70%. Results were quite flat overall but the expected future growth from the acquisition does indeed overshadow the earnings.