Read the guidance for next quarter and 2016, if true,
GXI is a big buy at this price. This quarter revenue was only $4.9 million, but that was specifically attributed to seasonality of professional services and initial deployment revenues which have a historic softening in summer months. However, guidance for next quarter is for much higher revenues which combined with restructuring cost reductions, should produce good results. For the fourth quarter 2015 ending December 31, 2015, the Company expects total revenue of $11.2 million. This is more than double that of the current quarter and given the reduced costs, the 4th quarter should be very good. Then fiscal 2016 guidance indicates that the Company expects revenue to be at least $54.0 million with operating expenses expected to be $21.8 million. If true, this would result in a much improved profit picture and resulting share price increase.