EPS 0.23/share - above their FY estimate in just the Q1. They raised guidance to 0.41-0.51, raised their sales numbers to 165mil-175mil.
Q1 was 50+million in sales, with 2.7million in profit.
Buyback can begin again.
LARGE LARGE QUARTER FOR MSLP! Just what we needed to see. They weren't kidding about a huge start to the year. Of course its usually a strong Q, but I expect them to be profitable each Q from now on. There should be no more losing money. Cost of sales were 32mil, with 17mil in wages - they should be able to squeeze a profit from most Qs
"First Quarter Revenue More Than Doubles to $50.2 Million; Company Swings to Profit of $2.7 Million and $0.23 per Diluted Share Increases 2014 Full-Year Guidance to $165 - $175 Million in Net Sales With Earnings of $0.41 - $0.51 per Diluted Share Conference Call Set for May 6, 2014 at 8:30 a.m. Eastern Time"