Post by
Resilience19 on May 07, 2021 9:29am
Q1 2021 Revenues: Conservative $20M
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.
Comment by
newcoin on May 07, 2021 11:11am
Hopefully the market will be happy with anything $20M and over. Combined with positive guidance it should help stabilize the s/p. Delivered with a smile and no screw ups we should be on our way to recovery.
Comment by
Resilience19 on May 13, 2021 8:12am
Not 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."
Comment by
newcoin on May 13, 2021 9:43am
Great guess/estimate. A scholar at work.