Although revenue exceeded expectations and was strong, earnings fell short of what was anticipated.
- The financial results for this quarter show net earnings of $2.71 per share, with revenue hitting $21.92 million.
- Analysts had predicted earnings for the quarter to be $2.98 per share, with revenue forecasted at $21.09 million.
- Both revenue and earnings saw improvement, with revenue rising by 9 percent and earnings increasing by 12.4 percent.
