Frank,
The earnings report has been released. It's excellent! Far better than I had expected.
Revenue: $3,895,000 (a record for EDUSF) EPS: .16.
As you recall, the first q is usually the weakest for EDUSF and the general educational software industry in general (with the fourth q the strongest). Given the seasonality of the industry, I did not expect this quarter's revenue to exceed those for the last two quarters. Apparently, EDUSF is doing extremely well in Latin America and Europe.
How high the stock will go? I hope that it will go to 10 again today. Below is the history of EDUSF's earnings:
1995 1996 1997 1998 Revenue $2,002,000 $1,721,000 $3,009,000 $3,895,000 EPS 0.04 0.01 0.10 0.16 Revenue $3,084,000 $2,097,000 $3,334,000 EPS 0.14 0.00 0.21 Revenue $2,689,000 $2,902,000 $3,445,000 EPS 0.15 0.14 0.22 Revenue $3,631,000 $3,631,000 3,839,000 EPS 0.05 0.08 0.10 Total R $11,406,000 $10,351,000 $13,627,000 Total E $0.38 $0.23 $0.63 |