Net income more than doubled at the South African protective sports equipment maker, hitting $4,222,755, up from $2,060,838, as revenues grew 88% to $24,228,108 from $12,896,475 in the first quarter. Gross margin narrowed 720 basis points to 39.7%, but 890 b.p. of operating expense leverage more than compensated on the bottom line. Body armor sales increased 69%, helmet sales ... Log in to view full article.