Strong Buy
Cost of options exercised Q2
The cost of options exercised this Q, which will hit the bottom line is down to $1,620k compared with close to $4 million last Q. Last Q we also had the cost of the new rotor line $900k. Taking into account this has normally been a strong Q in past years, and Clint indicated that Q1 would have had EPS of $0.17 without options, the results for Q2 should exceed analysts predictions.
European and Pacific sales also have good growth.
I believe it is finally dawning on the market, which is always slow to react. My guess $0.16