Feb. 9 at 1:09 PM
$JRSH
🚨 🚨
Revenue +18.0% in Q3 to
$41.8M
Gross margin improved +170 bps to 16.9%
Operating income nearly tripled to
$1.9M
Q4 revenue guidance +23–26% year-over-year
Planned production capacity increase of ≥40% after renovations
Declared quarterly dividend of
$0.05 per share
Negative
Total other expenses rose to
$418K in Q3 (financing and FX losses)
Operating expenses increased to
$5.1M in Q3
Income tax expense increased year-to-date to
$851K
Renovation completion by year-end is subject to execution risk