RE:RE:RE:RE:Q2 eps and backlog Here are my guesses for Q2 results. As others have said, backlog is key as it is a forward looking indicator. Will be a fun week for sure!
Line Item | Amount | Notes |
Revenue | $ 24,623,559 | Using average of prior 3 quarters backlog conversion ratio |
Gross Margin | $ 15,059,742 | Same GM% as Q1 |
Operating Expenses | $ 6,000,000 | Might be a little high on this (but conservative) |
Operating Income | $ 9,059,742 | |
Other Income/(Expense) | -$ 2,150,000 | Guess here on FX (might be a little high) |
Earnings before Taxes | $ 6,909,742 | |
Taxes | -$ 1,903,067 | Same rate as in Q1 |
Comprehensive Income | $ 5,006,674 | |
EPS | $ 0.05 |