Cavco Industries Performance degli utili passati
Criteri Il passato verificati 4/6
Cavco Industries ha registrato una crescita degli utili a un tasso medio annuo di 7.3%, mentre il settore Consumer Durables ha registrato utili in diminuzione a un tasso medio annuo di 0.2%. I ricavi sono stati in crescita a un tasso medio annuo di 10.2%. Il ritorno sul capitale proprio di Cavco Industries è 16.9% e ha margini netti di 8.4%.
Informazioni chiave
7.28%
Tasso di crescita degli utili
10.24%
Tasso di crescita dell'EPS
| Consumer Durables Crescita del settore | 24.52% |
| Tasso di crescita dei ricavi | 10.22% |
| Rendimento del capitale proprio | 16.93% |
| Margine netto | 8.37% |
| Ultimo aggiornamento sugli utili | 27 Dec 2025 |
Aggiornamenti sulle prestazioni recenti
Recent updates
Aggiornamento dell'analisi • May 01
CVCO: Outperform Upgrade And Earnings Framework Will Support Future Upside
Analysts have adjusted their price target for Cavco Industries to $587.50, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E, and supported by recent research that upgraded the stock to Outperform from Neutral. Analyst Commentary Recent research that moved Cavco Industries to an Outperform rating has sparked fresh discussion around how the current valuation lines up with the company’s earnings profile, execution track record and potential growth runway.Aggiornamento dell'analisi • Apr 11
CVCO: Outperform Upgrade And Active Buybacks Will Support Future Upside
Analysts have maintained their $587.50 price target for Cavco Industries while slightly updating key inputs such as the discount rate and assumed future P/E. This reflects refreshed views following a recent upgrade to Outperform.Aggiornamento dell'analisi • Mar 27
CVCO: Outperform Upgrade And Buybacks Will Support Future Upside Conviction
Analysts have kept their price target for Cavco Industries steady at $587.50, and a recent upgrade to Outperform supports the view that current assumptions around discount rate, revenue growth, profit margin, and future P/E remain appropriate. Analyst Commentary Bullish Takeaways Bullish analysts see the Outperform rating as aligned with the existing price target, suggesting they view current assumptions on discount rate, revenue growth, profit margins, and future P/E as reasonable for the risk profile.Aggiornamento dell'analisi • Mar 11
CVCO: Outperform Upgrade And Buybacks Will Support Constructive Upside Conviction
Analysts have fine tuned their outlook on Cavco Industries, keeping the fair value estimate steady at $587.50 while modestly adjusting underlying inputs such as the discount rate and assumed future P/E, citing the recent upgrade to Outperform as support for a more constructive view on the shares. Analyst Commentary Bullish Takeaways Bullish analysts point to the recent upgrade to Outperform as support for the view that current pricing does not fully reflect their fair value estimate of $587.50, even with updated discount rate and P/E assumptions.Aggiornamento dell'analisi • Feb 25
CVCO: Outperform Upgrade And Buybacks Will Likely Support Balanced Risk Reward Profile
Analysts have kept their fair value estimate for Cavco Industries steady at $587.50 while making only minimal tweaks to discount rate, revenue growth, profit margin, and future P/E assumptions. This reflects refreshed models following a recent upgrade to Outperform by Street research.Aggiornamento dell'analisi • Feb 09
CVCO: Outperform Upgrade And Buybacks Will Likely Sustain Fairly Balanced Risk Profile
Analysts have reset their price target on Cavco Industries from US$605 to about US$587.50, reflecting updated assumptions for revenue growth, profit margins, and a modestly higher future P/E. Recent research support also includes a move to an Outperform rating.Seeking Alpha • Feb 02
Cavco Industries: Providing Shelter, For Homeowners And Investors
Summary Cavco Industries benefits from strong long-term demand for affordable factory-built homes, but near-term earnings softness tempers enthusiasm. Cavco´s acquisition of American Homestar is highly accretive, adding 8% unit growth and targeted $10M in synergies, yet organic volume growth has slowed. Shares have been volatile, recently pulling back to $492 after a soft Q3, with operating margins and utilization rates declining. I remain on the sidelines, seeking a better earnings yield and entry below current levels, despite favorable industry trends. Read the full article on Seeking AlphaAggiornamento dell'analisi • Jan 26
CVCO: Ongoing Buybacks Will Likely Sustain Risk Of Future Multiple Compression
Analysts have kept their price target for Cavco Industries broadly in line with prior estimates, with only minor model tweaks to the discount rate, revenue growth, profit margin and future P/E feeding into a refreshed fair value view of about $605 per share. What's in the News Completed a buyback tranche between June 29, 2025 and September 27, 2025, repurchasing 15,133 shares, or 0.19% of shares, for $8.32 million under the program announced on May 22, 2025 (Key Developments).Articolo di analisi • Jan 21
Cavco Industries, Inc.'s (NASDAQ:CVCO) Popularity With Investors Is Under Threat From Overpricing
When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 19x, you may...Aggiornamento dell'analisi • Jan 11
CVCO: Share Repurchases Will Likely Leave Shares Vulnerable To Future Multiple Compression
Analysts have lifted their price target for Cavco Industries from about $587 to $605, citing updated assumptions around revenue growth, discount rates and future P/E that modestly shift their view of the company’s long term earnings profile and valuation. What's in the News Cavco Industries completed a share repurchase of 15,133 shares, about 0.19% of the company, for US$8.32 million under the buyback announced on May 22, 2025 (Key Developments).Aggiornamento dell'analisi • Dec 15
CVCO: Share Repurchases And Stable Margins Will Likely Support A Fair Outlook
Analysts have modestly raised their price target on Cavco Industries to approximately 587 dollars per share. This reflects slightly lower discount rate assumptions and a marginally reduced forward price to earnings multiple, while keeping long term growth and margin expectations intact.Aggiornamento dell'analisi • Nov 30
CVCO: Share Repurchase Activity And Margin Stability Will Likely Maintain a Steady Outlook
Analysts have reiterated their price target for Cavco Industries at $586.67, citing minimal changes in key valuation inputs and maintaining confidence in the company's outlook. What's in the News From June 29, 2025 to September 27, 2025, Cavco Industries completed the repurchase of 15,133 shares, representing 0.19 percent for $8.32 million, as part of the buyback announced on May 22, 2025 (Key Developments).Aggiornamento dell'analisi • Nov 16
CVCO: Share Repurchases And Improved Margins Will Likely Support Steady Outlook
Analysts have modestly raised their price target for Cavco Industries to $586.67, citing improving revenue growth and profit margin projections as key factors for the positive revision. What's in the News Cavco Industries completed the repurchase of 15,133 shares, representing 0.19% of the company, for $8.32 million as part of the buyback announced on May 22, 2025 (Key Developments).Aggiornamento dell'analisi • Nov 02
CVCO: Revenue Strength Will Offset Margin Pressure And Support Steady Performance
Narrative Update on Cavco Industries: Analyst Price Target Revision Analysts have revised their fair value estimate for Cavco Industries upwards by $38.33 to $586.67, citing improved revenue growth expectations despite a slight decrease in projected profit margins. What's in the News The company completed the repurchase of 156,539 shares, representing 1.95 percent, for $72.26 million under the buyback announced on October 31, 2024 (Key Developments).Articolo di analisi • Oct 28
Cavco Industries (NASDAQ:CVCO) Is Very Good At Capital Allocation
If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Articolo di analisi • Sep 17
Should You Investigate Cavco Industries, Inc. (NASDAQ:CVCO) At US$560?
While Cavco Industries, Inc. ( NASDAQ:CVCO ) might not have the largest market cap around , it saw a significant share...Articolo di analisi • Aug 28
Cavco Industries, Inc.'s (NASDAQ:CVCO) 28% Share Price Surge Not Quite Adding Up
Cavco Industries, Inc. ( NASDAQ:CVCO ) shares have had a really impressive month, gaining 28% after a shaky period...Articolo di analisi • Aug 07
Cavco Industries, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
NasdaqGS:CVCO 1 Year Share Price vs Fair Value Explore Cavco Industries's Fair Values from the Community and select...Articolo di analisi • Jul 31
Is Cavco Industries (NASDAQ:CVCO) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Articolo di analisi • Jun 29
Cavco Industries' (NASDAQ:CVCO) Returns On Capital Are Heading Higher
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Articolo di analisi • Jun 13
Should You Investigate Cavco Industries, Inc. (NASDAQ:CVCO) At US$416?
While Cavco Industries, Inc. ( NASDAQ:CVCO ) might not have the largest market cap around , it saw significant share...Articolo di analisi • May 11
Cavco Industries, Inc.'s (NASDAQ:CVCO) P/E Is On The Mark
With a price-to-earnings (or "P/E") ratio of 24.9x Cavco Industries, Inc. ( NASDAQ:CVCO ) may be sending bearish...Seeking Alpha • Apr 19
Cavco Industries: Affordability Remains A Clear Competitive Edge
Summary Cavco Industries has reported very strong earnings despite lingering uncertainty in the housing market. Improved capacity utilization has raised margins. The housing market has further uncertainty ahead. Mortgage rates have remained high, and tariffs could add material expense pressure. Cavco is still well positioned for industry headwinds. As Cavco's stock has appreciated, the stock is now quite expensive. I estimate a fair value of $424. Read the full article on Seeking AlphaArticolo di analisi • Mar 26
Is Cavco Industries (NASDAQ:CVCO) Using Too Much Debt?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Articolo di analisi • Mar 11
At US$511, Is It Time To Put Cavco Industries, Inc. (NASDAQ:CVCO) On Your Watch List?
Cavco Industries, Inc. ( NASDAQ:CVCO ), might not be a large cap stock, but it saw a decent share price growth of 19...Articolo di analisi • Feb 24
The Returns At Cavco Industries (NASDAQ:CVCO) Aren't Growing
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Articolo di analisi • Feb 05
Cavco Industries, Inc. Just Beat EPS By 41%: Here's What Analysts Think Will Happen Next
Cavco Industries, Inc. ( NASDAQ:CVCO ) defied analyst predictions to release its quarterly results, which were ahead of...Seeking Alpha • Feb 03
After Cavco Industries' Earnings Pop, I'm Waiting For A Better Entry
Summary Cavco Industries, Inc. excels in factory-built homes, with strong stock performance and a robust balance sheet, but faces valuation concerns. The company’s growth is driven by rising demand for affordable housing, though declining revenue per home and inflationary pressures pose risks. Financial services show improvement, but gains are fragile due to weather-related insurance claims and increased customer charges. Despite operational efficiency and digital initiatives, Cavco’s high valuation and economic vulnerabilities suggest holding CVCO stock rather than buying at current levels. Read the full article on Seeking AlphaArticolo di analisi • Feb 01
Unpleasant Surprises Could Be In Store For Cavco Industries, Inc.'s (NASDAQ:CVCO) Shares
With a price-to-earnings (or "P/E") ratio of 24.3x Cavco Industries, Inc. ( NASDAQ:CVCO ) may be sending bearish...Articolo di analisi • Dec 09
Should You Investigate Cavco Industries, Inc. (NASDAQ:CVCO) At US$501?
Cavco Industries, Inc. ( NASDAQ:CVCO ), might not be a large cap stock, but it received a lot of attention from a...Articolo di analisi • Nov 21
These 4 Measures Indicate That Cavco Industries (NASDAQ:CVCO) Is Using Debt Reasonably Well
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Articolo di analisi • Nov 02
Return Trends At Cavco Industries (NASDAQ:CVCO) Aren't Appealing
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Articolo di analisi • Oct 15
Cavco Industries, Inc.'s (NASDAQ:CVCO) Popularity With Investors Is Under Threat From Overpricing
Cavco Industries, Inc.'s ( NASDAQ:CVCO ) price-to-earnings (or "P/E") ratio of 24.6x might make it look like a sell...Seeking Alpha • Sep 20
Cavco Industries Isn't AI... It's About AH (Affordable Housing), The Other Big A
Summary AI is widely assumed to be big, but AH (Affordable Housing) is a more critical need and is becoming a vital growth investment theme in its own right. That’s why shares of Cavco, in particular, and homebuilders, in general, have been performing better than interest rate trends alone might lead one to expect. Investors are looking beyond today’s soft company earnings toward gains many expect as society tackles affordability obstacles. I expect eventually less-shocking home sticker-prices to boost demand and homebuilder activity, even if mortgage rates don’t retreat to recent lows. Manufactured-housing company Cavco is well positioned to capitalize on the more affordable direction in which the industry is going. Read the full article on Seeking Alpha
Nuova analisi • Sep 04
Factory-Built Housing's Surge And Decisive Moves Promise Revitalized Earnings Growth
Strong demand for factory-built housing and effective management of insurance operations indicate potential for increased revenue and improved financial margins.Articolo di analisi • Aug 19
We Think Cavco Industries (NASDAQ:CVCO) Can Stay On Top Of Its Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Articolo di analisi • Aug 01
Return Trends At Cavco Industries (NASDAQ:CVCO) Aren't Appealing
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Seeking Alpha • Jul 30
Cavco Industries Remains A 'Buy' Due To Favorable Residential Market Dynamics And Consumer Behavior
Summary There are many strong short-term tailwinds Cavco benefits from, including the residential market dynamics and consumers trading down. As the affordable alternative to traditional homebuilders, demand should pick up from struggling consumers. Declining rates will be a huge catalyst for this. Despite Q4 earnings missing expectations, the underlying business is strong, with orders improving sequentially for the sixth straight quarter. Therfore, Cavco deserves a "Buy" rating. Read the full article on Seeking AlphaArticolo di analisi • Jul 15
Does This Valuation Of Cavco Industries, Inc. (NASDAQ:CVCO) Imply Investors Are Overpaying?
Key Insights Cavco Industries' estimated fair value is US$298 based on 2 Stage Free Cash Flow to Equity Current share...Articolo di analisi • Jun 29
Cavco Industries, Inc. (NASDAQ:CVCO) Investors Are Less Pessimistic Than Expected
It's not a stretch to say that Cavco Industries, Inc.'s ( NASDAQ:CVCO ) price-to-earnings (or "P/E") ratio of 18.2x...Seeking Alpha • Jun 26
Cavco Industries: Fair Performance, Fair Valuation (Rating Downgrade)
Summary Cavco Industries reported FY2024 results with falling earnings as the housing market stayed weak with higher interest rates but still continued generating healthy earnings. The performance has been in line with peers over the longer term but has recently trailed peers by a slight margin. The company expects orders to pick back up in FY2025, as orders started to pick back up at the start of calendar year 2024. While an earnings recovery in FY2025 should start to elevate earnings, the valuation has only a very modest remaining upside. Read the full article on Seeking AlphaArticolo di analisi • May 28
Cavco Industries, Inc. (NASDAQ:CVCO) Just Reported Full-Year Earnings: Have Analysts Changed Their Mind On The Stock?
As you might know, Cavco Industries, Inc. ( NASDAQ:CVCO ) last week released its latest full-year, and things did not...Articolo di analisi • May 24
At US$354, Is It Time To Put Cavco Industries, Inc. (NASDAQ:CVCO) On Your Watch List?
While Cavco Industries, Inc. ( NASDAQ:CVCO ) might not have the largest market cap around , it saw significant share...Articolo di analisi • Apr 24
Slowing Rates Of Return At Cavco Industries (NASDAQ:CVCO) Leave Little Room For Excitement
There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...Seeking Alpha • Apr 09
Quarterly Update: Analyzing Cavco's Triumph In Affordable Housing
Summary Cavco Industries is a leading producer of manufactured homes in the US, offering affordable alternatives to traditional homebuilders. CVCO stock is not as cheap compared to 7 months ago as it surged 40% since my initial coverage, but that doesn't mean this story is over. Macroeconomic trends, including a strong economy and declining house affordability, continue to support Cavco's growth prospects. I reiterate my "Buy" rating, as I believe the stock will continue appreciating in the medium term. Read the full article on Seeking AlphaArticolo di analisi • Apr 09
Cavco Industries (NASDAQ:CVCO) Has A Pretty Healthy Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Articolo di analisi • Mar 25
Some Confidence Is Lacking In Cavco Industries, Inc.'s (NASDAQ:CVCO) P/E
Cavco Industries, Inc.'s ( NASDAQ:CVCO ) price-to-earnings (or "P/E") ratio of 19.2x might make it look like a sell...Seeking Alpha • Mar 20
Cavco Industries: Fantastic Business But Transition Period To Avoid
Summary CVCO’s growth has been impressive (CAGR: +14%), driven by strong execution and industry tailwinds. The housing industry is benefiting from considerable tailwinds, primarily due to a housing shortage and population growth. We expect this to drive growth in the coming years. The business is seeing near-term headwinds, however, due to the current macroeconomic environment. Whilst this is weighing on near-term growth, we see resilience in the market. The company’s growth has considerably outpaced its peers but CVCO is lacking in margins. We believe the gap can close but requires supreme execution. CVCO’s valuation is fair considering the upside potential from growth, while also reflecting the downside risk associated with economic conditions. Read the full article on Seeking AlphaArticolo di analisi • Feb 18
Is Now The Time To Look At Buying Cavco Industries, Inc. (NASDAQ:CVCO)?
While Cavco Industries, Inc. ( NASDAQ:CVCO ) might not have the largest market cap around , it received a lot of...Ripartizione dei ricavi e delle spese
Ripartizione dei ricavi e delle spese
Come Cavco Industries guadagna e spende denaro. In base agli ultimi utili dichiarati, su base LTM.
Storico di utili e ricavi
| Data | Ricavi | Utili | Spese G+A | Spese di R&S |
|---|---|---|---|---|
| 27 Dec 25 | 2,203 | 184 | 260 | 0 |
| 27 Sep 25 | 2,144 | 197 | 251 | 0 |
| 28 Jun 25 | 2,095 | 188 | 246 | 0 |
| 29 Mar 25 | 2,015 | 171 | 243 | 0 |
| 28 Dec 24 | 1,927 | 169 | 238 | 0 |
| 28 Sep 24 | 1,852 | 148 | 235 | 0 |
| 29 Jun 24 | 1,797 | 146 | 230 | 0 |
| 30 Mar 24 | 1,795 | 158 | 226 | 0 |
| 30 Dec 23 | 1,851 | 171 | 229 | 0 |
| 30 Sep 23 | 1,905 | 195 | 225 | 0 |
| 01 Jul 23 | 2,030 | 227 | 231 | 0 |
| 01 Apr 23 | 2,143 | 241 | 235 | 0 |
| 31 Dec 22 | 2,172 | 247 | 231 | 0 |
| 01 Oct 22 | 2,103 | 267 | 233 | 0 |
| 02 Jul 22 | 1,885 | 230 | 212 | 0 |
| 02 Apr 22 | 1,627 | 198 | 206 | 0 |
| 01 Jan 22 | 1,428 | 169 | 170 | 0 |
| 02 Oct 21 | 1,285 | 110 | 145 | 0 |
| 03 Jul 21 | 1,184 | 87 | 135 | 0 |
| 03 Apr 21 | 1,108 | 77 | 150 | 0 |
| 26 Dec 20 | 1,057 | 63 | 125 | 0 |
| 26 Sep 20 | 1,042 | 65 | 126 | 0 |
| 27 Jun 20 | 1,053 | 70 | 127 | 0 |
| 28 Mar 20 | 1,062 | 75 | 146 | 0 |
| 28 Dec 19 | 1,048 | 83 | 119 | 0 |
| 28 Sep 19 | 1,008 | 76 | 114 | 0 |
| 29 Jun 19 | 980 | 70 | 108 | 0 |
| 30 Mar 19 | 963 | 69 | 122 | 0 |
| 29 Dec 18 | 964 | 71 | 102 | 0 |
| 29 Sep 18 | 952 | 79 | 97 | 0 |
| 30 Jun 18 | 911 | 69 | 94 | 0 |
| 31 Mar 18 | 871 | 62 | 107 | 0 |
| 30 Dec 17 | 827 | 50 | 88 | 0 |
| 30 Sep 17 | 808 | 41 | 88 | 0 |
| 01 Jul 17 | 795 | 44 | 87 | 0 |
| 01 Apr 17 | 774 | 38 | 101 | 0 |
| 31 Dec 16 | 753 | 34 | 86 | 0 |
| 01 Oct 16 | 732 | 30 | 84 | 0 |
| 02 Jul 16 | 736 | 29 | 85 | 0 |
| 02 Apr 16 | 712 | 29 | 83 | 0 |
| 26 Dec 15 | 676 | 28 | 79 | 0 |
| 26 Sep 15 | 642 | 26 | 78 | 0 |
| 27 Jun 15 | 589 | 23 | 73 | 0 |
Guadagni di qualità: CVCO ha guadagni di alta qualità.
Margine di profitto in crescita: Gli attuali margini di profitto netti di CVCO (8.4%) sono inferiori rispetto allo scorso anno (8.7%).
Flusso di cassa libero e analisi degli utili
Analisi della crescita degli utili nel passato
Andamento degli utili: Gli utili di CVCO sono cresciuti del 7.3% all'anno negli ultimi 5 anni.
Accelerare la crescita: La crescita degli utili di CVCO nell'ultimo anno ( 9.5% ) supera la media quinquennale ( 7.3% all'anno).
Guadagni vs Settore: La crescita degli utili CVCO nell'ultimo anno ( 9.5% ) ha superato la percentuale del settore Consumer Durables -18.2%.
Rendimento del capitale proprio
ROE elevato: Il Return on Equity ( 16.9% ) di CVCO è considerato basso.
Rendimento delle attività
Rendimento del capitale investito
Scoprire le aziende con forti performance passate
Analisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/05/07 09:45 |
| Prezzo dell'azione a fine giornata | 2026/05/07 00:00 |
| Utili | 2025/12/27 |
| Utili annuali | 2025/03/29 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
|
|
| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
|
* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; abbiamo anche guide su come utilizzare i nostri report e tutorial su Youtube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Cavco Industries, Inc. è coperta da 3 analisti. 2 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| Daniel Moore | CJS Securities, Inc. |
| Gregory Palm | Craig-Hallum Capital Group LLC |
| Brian Hollenden | Sidoti & Company, LLC |