Sort of. Ships and revenue were about exactly what they said they would be. What is a little different this time is that over the next several quarters, ships are going to build to roughly 108mil this quarter, 115mil in Q2, perhaps 125mil Q3, and so on. The future is still exceedingly bright and none of this is priced in. Sure, maybe the stock sees 2.60 or 2.70 but so what, buy more and be happy in 6 months. Cheers.
But the future always seems bright and the bright future is never priced in. As for six months out, well, time is money in investing. And I've already averaged down on this stock. This outfit is starting to look to me like a serial disappointer. I'm with bargainhunter: It's time for this management team to deliver. Longtime, I (and presumably others, too) await your take.