Wow awesome quarter!! With the stock so weak lately, was starting to worry. Then AMOT just crushes it with a record quarter!
Q2 earnings of .29/share vs. .09/share last year. Q2 revenues up 145%. Strong bookings causes backlog to jump to $80.8M vs. $26.9M last year. A 201% increase in backlog!
Those eye-popping increases should get some attention. Q2 also showed a nice sequential jump in earnings from .24/share to .29/share. Tax rate a little lower in Q2, but there was also a $352K gain in Q1.
Stock ran to the $16's on Q1 earnings of .24/share. Think we could see a new 52-week high on AMOT soon. Will be adding in the $12's tomorrow if I get the chance.