Really impressive. Not only was Q1’s slight shortfall against forecasts recovered, but we exceeded them, and by a wide margin. It seems orders are pouring in—the kind that either don’t need to be announced or aren’t considered significant enough to disclose. Either works for me. Either there are a lot of small ones coming in (satisfied existing customers) or there’s a requirement not to disclose, which might point to new customers. The small ones could, of course, be new customers too.
But regardless, such high-growth companies usually don’t grow profitably; profitability tends to follow once revenue growth stabilizes. Here, both revenue and earnings are growing hand in hand.