Yes PTSC made money again, but they missed my most conservative outlook.
My most conservative outlook based on averages per license from the previous 4 quarters was: Net Income = $23M, and EPS = .06
Actuals reported are: Net Income = $6.2M, and EPS= .02
There's a $16.8M net revenue difference. Could PTSC be getting so much less per license than they did in the previous 4 Qs? I doubt that.
I think it's probably fortunate that the numbers are this far off from extrapolated averages. There's little doubt that a big chunk of net revenue is missing in action. If reported results had been closer to the extrapolated averages I'd think they sold cheap. But this large amount of missing $ suggests it's almost certainly related to the settlements - settlement did not result in a one time payment.