RE:RE:Q2 2022 ReportThe quarter was average. Highest revenue in several years, but short on the bottom line.
Some revenue was booked a week late and landed in 3rd quarter. This just just makes 3rd quarter, even bigger.
The big quarters were always to be 3rd and 4th. Their $7.1 million high margin win is to be deployed in 3rd and 4th qtr.
This means Ray that 3rd and 4th quarters will be profitable.
My rounded 3rd quarter estimate is 8-9 million revenue versus 3 million revenue the previous year. A massive year over year improvement.
As for 2023, the Edge product should be approved by the end of the year.
Ray the Edge opportunity is a Billion dollars in size, and the competition is in complete disarray.
Flyht has just hired the 2 top salesmen from their number one competitior. They left because Teledyne does not have a viable product and they have come to work for Flytt.
Remember the Edge product will be a mandated by the regulators once its available.
Ray wake up and smell the coffee!
The Edge product is the companies biggest opportunity in 20 years.
You will be proven dead wrong on Flyht. I will be here for the next few years watching the Flyht story play out.