My Expectations for Q4/Fiscal Year EarningsI have previously posted this, but it's more relevant now with earnings being released soon (anytime between now and end of year).
Considering Q4 revenue is expected to be $11.5 mil, we can assume the gross margin will do 1 of 3 things.
1 - 40% (lower than normal to win new business).
2 - 45% (in line with recent quarter - Q3).
3 - 50% (higher range we have seen in previous Q's)
For Gross Profit from Q4:
1. $4.6 mil
2. $5.2 mil
3. $5.75 mil
Operating expenses increased to $3.1 mil in Q3. So lets assume they are even higher in Q4 at $3.5 mil (being conservative in my approach).
Net profit:
1. $1.1 mil
2. $1.7 mil
3. $2.3 mil
Full year profit:
1. $4.2 mil (4 cents per share)
2. $4.8 mil (5 cents per share)
3. $5.4 mil (5.5 cents per share)
This is my personal thoughts of where Q4 are going to be with option 2 being the most likely scenario. Let me know if you have any questions or see something different than I do.
GLTA