GREY:TSTIF - Post by User
Comment by
Marginofsafteyon Nov 06, 2017 8:11pm
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Post# 26915324
RE:44 units shipped and 11% increase QoQ in revenues
RE:44 units shipped and 11% increase QoQ in revenues Notably, other than 11% increase in revenues, gross margins are up from 38% to 43% QoQ (adjusted for FX fluctuation difference) which is good signalling for more consumable sales (i.e. higher margin product). Units shipped also in line with analyst expectations of ~45 units.
Good signs coming into catalyst periods of Q4/17, Q1/Q2 of FY18.