Nole's Mole Hole

[nole92]

CERP - Announced 3rd qtr results

I ran the numbers and one can expect revenue of $5.5-7.5M in Q4 based on the CEO's guidance. He claims that margins will increase, but it didn't happen in Q3 so it's hard to say if they will turn a profit in Q4.

Based on Q3 numbers, you can expect anywhere from a $900,000 loss to about break even in net income for Q4. I would be surprised to see anything higher without a tax credit or other similar event.