Q: Could I have your assessment of earnings for Tantalus Systems .
Thank-you.
Thank-you.
5i Research Answer:
EPS of ($0.014) beat estimates of ($0.016) and sales of $15.681M beat estimates of $15.11M. Sales increased 14% year-over-year and its Utility Software Applications and services segment sales of $6.0M represented 38% of total sales. ARR grew 11%, its gross profit margins were 56%, an increase from 53% for the same period in the prior year. Its net loss narrowed from the previous year, and overall the market was pleased with the results. It is a small name ($89M market cap), but it is beginning to look interesting.