Driven mostly by expense cuts but I'll take it. Good to see a CEO that finally understands to cut G&A and cut debt rather than having the bloated admistrative costs and share buybacks of previous CEO's. Reducing the fixed costs now will pay off when the economy improves.
Consensus estimate was 22 cents so they beat by 4 cents. It's had a good run in the last couple months so it's hard to say what the stock will do tommorrow. Considering that it has such a low market cap and float it could be pretty volatile but I don't see any reason why anyone would sell now. The worst is behind us now.