Well, dums is right, these numbers are pretty predictable. Predictably good I might add.

Some random thoughts over morning coffee as I refresh the historical financials spreadsheet --

1. Top-line is in fact a little on the low side of the initial range of $15mm - $16mm given earlier this year. It looks like Q4 is going to come in at just over $4,000,000. Let's call it $4,050,000 as I write this.

2. Operating margin for the quarter came in at a whopping 30.75%, which is the highest I have ever recorded for the company in its history. If I am mistaken someone please show me otherwise. I'm not sure why the company isn't lasting this fact from the rooftops.

3. The company paid an average of $2.61 per share for all shares repurchased in the quarter, and the buyback was on the aggressive side given there is only $1.3 million left in the buyback program. This tells me management is extremely bullish with the stock price hovering in the 2's and 3's. Will the company add $'s to the buyback? We'll see.

4. The company is likely going to blow past it's previous guidance of $4 million fully-diluted non-GAAP earnings for the year. Unless my math is bad it looks like they'll come in at around $4,400,000 for the year. Combining this with the impact of the share buyback and the company is going to post some lofty EPS numbers.

5. The company is guiding toward higher top and bottom line acceleration in 2010. It appears they've done an amazing job on the cost side and have built a platform where incremental revenue growth simply flows like a river (ok, maybe not that good) to the bottom line.

Hang tight folks. 2010 is going to be a helluva ride.

Slow