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To: RockyBalboa who wrote (160)8/9/2008 8:00:56 AM
From: Glenn Petersen  Read Replies (1) | Respond to of 1685
 
It has been a tough market for tech IPOs, though I think that the market over-reacted. [t]RAX[/t] might be worth a look at $10.01.

While light on actual earnings, the company has posted some pretty impressive growth:

Revenues (thousands)
Three months ending March 31, 2008: $119,613
Three months ending March 31, 2007: $75,225
2007: $362,017
2006: $223,966
2005: $138,768
2004: $86,763
2003: $56,611

Net earnings (thousands)
Three months ending March 31, 2008: $5,442
Three months ending March 31, 2007: $4,172
2007: $17,827
2006: $19,820
2005: $10,772
2004: $7,908
2003: $208

Earnings per share (fully diluted)
Three months ending March 31, 2008: $.05
Three months ending March 31, 2007: $.04
2007: $.17
2006: $.19
2005: $.11
2004: $.08
2003: $.00

EBITA (thousands)
Three months ending March 31, 2008: $29,189
Three months ending March 31, 2007: $19,025
2007: $87,085
2006: $63,578
2005: $36,970
2004: $20,150
2003: $9,950

EBITA per share (fully diluted)
Three months ending March 31, 2008: $.27
Three months ending March 31, 2007: $.18
2007: $.82
2006: $.61
2005: $.37
2004: $.20
2003: $.10