Post by
solar12 on Nov 19, 2021 12:10pm
3rd quarter
Am I wrong to expect somewhere around 17,000,000 for the 3rd quarter judging by activity and past performance, i'm betting that i am close
Comment by
frm10328 on Nov 19, 2021 12:15pm
That is probably high. Marshal indicated the 3rd quarter was soft. Not "bad", just "soft".
Comment by
TorlifTostorson on Nov 19, 2021 12:19pm
Exactly, as testing was "soft" in summer, but rises now again (looking forward to q4 numbers next year, what's about cruise ships ...). But if DM got rid of most debts and they have "squeaky clean books" since q2, I bet we'll see a record breaking net-profit in q3. JMHO Torlif
Comment by
swyint123888 on Nov 19, 2021 2:18pm
17 million is high for Q3 according to the guidance they gave and the comment Marshall made about Q3 being light Guidance suggest 25 to 30 million second half of 2021 and Q3 is light according to the boss I'm thinking more like 7-9 million Q3 and 18-21 million Q4.....not too shabby no matter how you slice it
Comment by
tonyxdsun on Nov 19, 2021 2:42pm
Q3 won't be impression, AI revenue is 0 ( based on the news ), the test revenue would be close or lower than Q2. DM will probably release some news "together" with Q3
Comment by
frewil11 on Nov 19, 2021 3:07pm
The microcap market [ mainly the venture ] is so unpredictive , if I remember correctly it went down after last 2 quarterly reports and they were unreal.
Comment by
grelthegreat on Nov 19, 2021 3:46pm
AI revenue wont be zero. "$250,000 contract with a Canadian tech company on an Artificial Intelligence ("AI") contract and received the first 50% payment on August 23." Then they recieved a 900k AI contract 22 september which could be included in q3 perhaps not.
Comment by
Leonovus2017 on Nov 19, 2021 4:55pm
Certainly far from considering it being a core part of their business. As of late, it is certainly better with EV, which is investors should get excited about...
Comment by
frm10328 on Nov 19, 2021 9:09pm
I value your insights greatly, especially this summary. After reading your comments I feel better about the upcoming Q3 release. Thanks for setting the tone for my weekend. A little ray of sunshine as I sit bundled in early winter weather in NE Ohio. It shouldn't be this cold so early in the season, but it is. GLTA