Sales grew 9% to $28.4 million. That was well ahead of the $25.9 million that analysts had projected.
Operating income surged 14% to $7.2 million.
Net income grew 41% to $6 million, or $0.30 per share. That figure blew past the $0.20 that Wall Street was expecting.
The board of directors approved a 21% increase to the quarterly dividend and gave the thumbs-up to repurchasing $10 million shares of common stock.
Zooming out to the full year, here's how the company performed in 2018:
Revenue jumped 5% to $105.6 million. That was solidly ahead of the $103 million that was expected.
Net income grew 34% to $22.9 million. However, the bulk of the increase is attributable to one-time gains on business divestitures and acquisitions.
EPS jumped 31% to $1.13. This was comfortably above the $1.04 that market watchers were expecting.
finance.yahoo.c...-161800004.html?.tsrc=rss
Operating income surged 14% to $7.2 million.
Net income grew 41% to $6 million, or $0.30 per share. That figure blew past the $0.20 that Wall Street was expecting.
The board of directors approved a 21% increase to the quarterly dividend and gave the thumbs-up to repurchasing $10 million shares of common stock.
Zooming out to the full year, here's how the company performed in 2018:
Revenue jumped 5% to $105.6 million. That was solidly ahead of the $103 million that was expected.
Net income grew 34% to $22.9 million. However, the bulk of the increase is attributable to one-time gains on business divestitures and acquisitions.
EPS jumped 31% to $1.13. This was comfortably above the $1.04 that market watchers were expecting.
finance.yahoo.c...-161800004.html?.tsrc=rss