GREY:XEBEQ - Post by User
Comment by
Resilience19on May 13, 2021 8:12am
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Post# 33190022
RE:Q1 2021 Revenues: Conservative $20M
RE:Q1 2021 Revenues: Conservative $20MNot that it matters much but 5 days ago I made the following post, giving a conservative $20M revenu for Q1. Not too far off...so not a bad guestimate/educated guess after all.
"
Revenues increased by $8.4 million to
$20.6 million for the three-month period ended March 31, 2021, compared to $12.2 million for the same period the prior year."
Resilience19 wrote: Appreciating this is somewhat low, at this time, I'm aiming for a $20M Q1 2021 revenues.
The very subjective rationale stems from the fact XBC was still in reorg mode throughout Q1, with a COO missing in action; the fact Kurt (or Rahbu) mentioned during last year's webinar that Q1 tended to be a 'soft' quarter and; that, at this point, I prefer managing expectations by low-balling, rather than high-balling, numbers in the current context.
Granted, such a result may lead to a further sp correction, but I think this will ultimately give the sp an even stronger base from which to bounce from, come Q2 and Q3 results.