BAB Q2 Net Income Jumps 21% on Cost Cuts, EPS Hits $0.03
BABB is trading near its 52-week low of $0.752 (13% above the low) on elevated volume (2.2× avg).
Summary
BAB, Inc. reported Q2 net income up 21% year-over-year, with EPS rising to $0.03 from $0.02, driven by lower operating expenses including payroll and professional services. Revenue dipped 0.6% due to lower marketing fund revenue, which had no impact on net income. This follows a Q1 that also showed net income growth despite a 4.4% revenue decline, suggesting sustained margin improvement. The company did not provide guidance, leaving the outlook uncertain.
At the time of this announcement, BABB was trading at $0.85 on OTC in the Trade & Services sector, with a market capitalization of approximately $6.2M. The 52-week trading range was $0.75 to $1.03. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.