RE:RE:RE:DH Taylor - Seeking Alpha - HALO Potential Upside I want nothing but for Halo share price to go up but any projections for a quarterly EPS of $0.01 for 2 quarters from now is simply unrealistic. This would imply $20 of net income for the quarter. Not $20M in revenues but $20M to the bottom line.
If D.H Taylor can rationalize his projections I will be the first one to admit I was wrong. Until then, I view his projection of a quarterly EPS of $0.01 for 2 quarters from now as pure click bait. Almost as if he is betting on the fact that uneducated investors will assume that an EPS of $0.01 is the smallest "level of profitability" one can achieve so therefore it would not look overly optimistic, not not say totally unrealistic to these folks. It is hard to post an EPS of $0.01 per quarter when there is close to 2 billion shares in circulation and your latest reported quarterly revenues are below $20m.
my guess is that revenues (not net earnings/ net profit) will come in at ~$9M for Q4-2020 and they will provide revenue guidance for Q1-2021 in the range of ~$10.5m to $11.5m with hopefully positive EBITDA.