Hmmm...how can it not be good? Margins are up, revenue is up, profit is up, DSO is down (means they move product quicker out of inventory), inventory is down, and AR is decreasing....CAGR for the year will be 24% (using Q1 as guidance), EPS looks to be higher (24% from Q1, and if this holds for remainder of year it would mean EOY EPS is ~.36) , I do agree Q2 and Q3 guidance is key for this.
It just isnt good enough for this multiple of earnings. It needs 30-40% growth to keep this price. It seems the mid-day price was the earnings movement since it was pretty negative considering the price.