Looks like they just posted a very strong quarter.....
...they made .08/share, but thats with a super heavy tax rate. With normal taxes, they would have made about .16/share for the quarter, which seems strong to me. And tangible book value is around what, $10.75/share? So trading at around 40% of tangible book value with good earnings.
Obviously SGMA's earnings could be lumpy, but they did say some pretty positive things in the earnings release about their revenue and earnings possibilities this current fiscal year.
Nice move since earnings....up what, over 50% now. Next quarter has been a seasonally weaker one, although the comp should be an easy beat...earnings out in a mont or so. Be nice if this coul run into earnings, and lighten up some just prior.