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PFIE - Profire: Have Investors Abandoned This Stock?
Profire Energy Inc.
On Friday, energy service specialist Profire (PFIE) reported an all-around 1Q19 beat on revenues of $10.8 million and EPS of $0.03. But judging by the stock's reaction during the trading session (or lack thereof), not many investors seem to have been very excited about the results.
There was nothing particularly worrisome about Profire's first-quarter performance. However, it seems evident that this will be a less exciting year compared to 2018 that was the most profitable and second-best revenue period in the company's history.