i don't think earnings growth is their problem (isn't EBITDA growing >30%?). Personally i think they have two issues. one - the university of rochester share sale has been such a disaster. i don't enitrely blame management but it has been painful. I believe rochester is done selling though, or at least very close to it.
second, they need to do a reverse stock split to get the stock price >$5 so insitutional funds can participate.
as far as the fundamentals of the business and their marketplace go, it's simply fantastic.
I actually mentioned reverse split idea during their February earnings teleconference. They were not too keen on the idea and did not believe that a reverse split would enhance either trading volume or Wall St recognition.
The VSCP leadership truly has been doing a heck of a great job each quarter for the past two years....I truly am amazed that VSCP has not been discovered as a legitimate growth stock.