InvestorsHub Logo
Followers 14
Posts 828
Boards Moderated 0
Alias Born 02/08/2012

Re: drugmanrx post# 60733

Tuesday, 05/23/2017 8:10:21 AM

Tuesday, May 23, 2017 8:10:21 AM

Post# of 63559

"The company anticipates a return to profitability in the second half of 2017."

Does that mean they anticipate 2nd quarter to be another losing quarter.


They had a Net Loss of $2.9 million in the 1st quarter - so if they have positive Net Income of $2.0 million in the 2nd quarter (for example) - they still will not be profitable for the year at that point . . .

Never argue with a fool, onlookers may not be able to tell the difference. - Mark Twain