Wednesday, July 19, 2017 10:36:18 AM
The Company posted actual combined gross revenue of $7.2m for Q1/Q2 2017 exceeding semi-annual projection $6.0M by 21.6%.
Company Q2 2017 projections of $3.0m gross revenue were exceeded by 40% with actual gross revenue posted at $4.2m.
Q2 2017 actual gross revenue of $4.2m compared against Q1 2017 levels at $3.0m indicates a $1.3m surge in actual gross revenue quarter to quarter.
Q1/Q2 combined actual gross revenue of special importance in light of the Company’s projected total annual gross revenue for the fiscal year was $12.0M. With nearly two full operating quarters left, the Company is tracking toward exceeding its projections.
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