Agreed MorningStar, per the NR "Third quarter 2016 sales were US$861,545, which comprises the first full quarter of revenue from its acquisition of DenseLight Semiconductor, compared to US$576,741 in the second quarter of 2016. Gross margin in the third quarter was 47.3%, compared to 28.9% in the prior quarter. Third quarter 2016 net loss was US$2.8 million, or ($0.01) per share, compared to US$3.4 million, or ($0.02) per share, in the second quarter 2016."
IR and new CFO need to do a better job of parsing this for positive impact. Inserting something like "Sales increased by 48.3% from second to third quarter, while gross margins increased by 64% from 28.9% to 47.3% over the same period." This is the type of information the market wants to see.
These are very positive developments in spite of the problems they cited.
