Poet Technologies Inc (POET): POET Technologies Reports Second Quarter...

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Wednesday, 08/31/2016 4:45:30 PM

Wednesday, August 31, 2016 4:45:30 PM

POET Technologies Reports Second Quarter Financial Results and Provides Outlook for Second Half 2016

https://finance.yahoo.com/news/poet-technologies-reports-second-quarter-121233189.html

Interesting that nobody seems to care enough to comment on this, lol, I must admit I was somewhat disappointed on the lack of focus on the development efforts of the next-gen device(s) in their outlook

Outlook for Second Half of 2016
POET expects revenue in the second half of 2016 to exceed $2,000,000, driven primarily by the increased sales of sensor products weighted toward the end of the year. The Company is unlocking the potential of a newly acquired portfolio of products, technology, fab operations, and customer base through investments in growth markets. POET plans to announce several new products in the second half of the year, which is expected to support continued growth into 2017. The Company also expects the DenseLight business unit to reach positive operating cash flow by the first quarter of 2017, helping to fund POET’s future product roadmap.

Mack, Rick, do you guys have any thoughts on this pr?