RE:Guidance Q1 - flat core revenue/lower covid sales Short-sighted jackass.
"Management provided 1Q-2021 guidance of $25.5-26.5 MM for its core business, which is expected to be impacted by the resurgence of the pandemic and the storm in Texas, and $2.3- 3.3 MM for COVID-19-related revenues, which are gradually winding down."
besttobe wrote: So of course there would be a selloff. Less revenue has been guided for Q1,. So what is there to get excited about? Zero revenue growth predicted.
"The Company expects to generate net revenues attributable to its core business of approximately $25.5 million to $26.5 million during the first quarter of 2021. In addition to its core business, the Company is continuing to pursue additional revenues related to the COVID-19 pandemic and estimates first quarter 2021 revenues of approximately $2.3 million to $3.3 million related to the COVID-19 pandemic. Total revenues for the first quarter of 2021 are estimated to be approximately $27.8 million to $29.8 million."