StitchTrade1

Leviathan238
Leviathan238 Nov 11, 15 8:47 AM

Just FYI, a company is not profitable if it's reporting a negative EPS. Revenues minus expenses = profit.

StitchTrade1
StitchTrade1 Nov 11, 15 10:28 AM

referring to gross profit: The company's gross profit for the quarter ended September 30, 2015 was $0.1 million compared to a gross loss of $0.1 million for the same period in 2014. The improvement of 217.1% was largely attributable to the increase in product revenues and a decrease of write-offs of inventory of MGuard™ Prime EPS

StitchTrade1
StitchTrade1 Nov 11, 15 10:29 AM

still had a net loss, so should have pointed that out.

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