Tel-Instrument Electronics Corp. (TIKK): hweb2 is a bright guy: "Surprised so...

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Tel-Instrument Electronics Corp. (TIKK)

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Re: croptop post# 102

Monday, 11/16/2015 3:42:26 PM

Monday, November 16, 2015 3:42:26 PM

hweb2 is a bright guy:

"Surprised so many shares available around $5 after they pre-announced those strong revenues. Revenue comp looks terrific as expected. But GAAP earnings of .06/share was disappointing. I also came up with .15/share or so excluding the warrant charge. Too bad they have such a high tax rate. The continued drop in backlog is alarming. From $34M last year to $19.7M. And down sequentially from $24.8M. So they only had $1.7M in orders in the quarter vs. $6.8M in revenue?"

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