RE:Despite the slew of good newsIt’s almost certain that the earnings will be light, maybe miserable!
The company’s overhead is close to $1 miilion per month, and let’s say revenue for Q4 is $3 million which may be very generous.
At 55% GP, that would gross the company about $1.65 million, or a quarterly loss of about ($1.35 million)...
Choose a revenue number you think is reasonable, $2 million, $2.5, $3 million and do the math.
However. Q4 is old news and every knows how miserable the revenue has been for the past year.
The market is forward looking and will not punish our beloved S7 if they buffer the number with a rosier outlook for the coming quarters with some factual guidance!
I personally am continuing to look out another 3-6 months and hope the Company will shed some light on upcoming sales performance....
Ahh, to have a crystal ball!,,