Mediware $7.08 (NASDAQ-MEDW)-Earnings

MEDW announced earnings this morning and they were decent. Sales were up 14% to $10.4 million. Net income was down from $561,000 to $426,000, or $.06 per share compared $.07 per share. Our valuation dropped a bit to $12.90. Still MEDW is only trading at 55% of our valuation, has $2.70 a share in cash. Still a BUY in our book.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s