SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Air Methods (airm)
AIRM 42.950.0%Apr 24 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Elliot Lepler who wrote (114)11/14/1997 1:42:00 AM
From: Elliot Lepler  Read Replies (1) of 877
 
Press release tonight. Earnings 7 cents, would have been 8 but for some charges. Revenues above projections at $10.99 million.

Record numbers, but I would have like to have seen the extra penny.

It will be interesting to see the reaction of the stock price Friday. At a rate of 7 cents/quarter, yearly earnings would be 28 cents. At a $4 price, the stock is selling at about a 14 multiple.That is not rich by any measure.

The current earnings only include two months of Mercy operations and virtually no manufacturing profits. With some news of new contracts and growth, we should see a nice move to the end of the year.

In sum I am not unhappy with the report, but I certainly am not ecstatic. The conference call on Tuesday should be interesting.

Elliot
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext