BOSC made a power move on enormous volume--higest ever-- on news that:
- 8.1 Mill in Revenues grew by 38% over the comparable quarter last year.
- Net profit amounted to $220,000 as compared to a net loss of $23,000 in the comparable period last year.
- Net profit, on a NON GAAP basis, amounted to $314,000 as compared to a net profit of $33,000 in the comparable period last year.
- EBITDA amounted to $413,000 as compared to $192,000 in the comparable period last year.
The stock responded in a big way making a Day 1 move from 2.50 to 4.70s. Day 2 brought the fade which has halted, perhaps into a trading range.
I want to find out if this has super stock potential.
Revenue History:
The 8.1 Million in revenue is huge for this company as it is highest qtr in the companies' recent, if not all time, history.
But a one time revenue pop that is not sustainable does little to lift share prices.
Beginning of this year, the company completed two acquisitions "IDnext" and "Next-Line acquisition, which is scheduled to January 1, 2016.
BOSC has had increased margins,
Further growth is expected to come from far east.
EBITA has shown a nice progression increasing from every quarter--- not just comparable.
Conservative management, emphasis on profitability and paying down debt,
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