TSXV:OEE.H - Post by User
Comment by
TriumphSpitSixon Nov 16, 2018 12:31am
80 Views
Post# 28984064
RE:For what it's worth
RE:For what it's worthIf by "next week or so" you mean mid-December at the earliest or first week of January at the latest, then yes. Just look at all year-end financial statements on SEDAR.
Floridas2000 wrote: Earning are supposed to come out in the next week or so. This was the outlook from last quarter.
Outlook:
Strategic cost saving initiatives implemented in March 2018 continue to be seen in operating results. Combined with the Company's strong bookings record backlog, management anticipates its highest grossing quarterly sales level in Q4 this year, and bottom line operating results approaching break-even.
Based upon current backlogii of $1.78 million at June 30, 2018 and estimated delivery timing, management anticipates recognizing between $1.00 and $1.20 million in revenue for its fiscal Q4-2018. Management continues to target a cash flow break-even run rate from operations in the fourth quarter of fiscal 2018.