How Good Will Q2 Be ?Q1 showed excellent growth in all categories, a trend that dicumention suggests will be carried forward.
reports
For reference m, DCSi had first quarter 2022 revenues of $7.8-million (U.S.) versus $4.3-million (U.S.) in Q1 2021, representing an increase of 81 per cent year over year.
Q1 2022 revenues of $7.8-million (U.S.) versus $5.7-million (U.S.) in Q4 2021, representing a sequential 37-per-cent increase.
If such sequential growth were to persist for Q2, quarterly revenues would increase to about $11 million US.
This is illustrative , based purely on the stated assumption of similar sequential quarterly growth.....actual May be more or may be less.
The gross profit was reported at $2.4-million (U.S.) for Q1 2022 ($1.2-million (U.S.) for Q1 2021), representing an increase of 100 per cent year over year.
Q1 2022 net income of $600,000 (U.S.) ( $0.05 cad per share ) versus a net loss of $200,000 (U.S.) in Q1