OPTO.ob announced Q3 (Oct. 31) earnings this morning. Not bad at all. Revenues up 7% YOY, and they made a profit! They earned $1.088 million or $.04 per share, but that included a $900,000 profit on the Note they collected after the end of the quarter. Still, they were profitable even after excluding this one-time gain.
Sales growing, profitable, $10 million in cash (after Note collection), no debt and a new valuation of $2.89 a share, up from $2.66. We like it.
Hopefully some other investors will notice too. We are not even at 50% of fair value.
BUY if you don’t have some already.