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Pompizzi

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Pompizzi

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Friday, 10/03/2014 3:54:51 PM

Friday, October 03, 2014 3:54:51 PM

Post# of 380517
Help me understand this. Just finally got a chance to look over last quarterly results, yes I know I'm like a week late. Am I reading this correctly, that sales plummeted to $1.5 mln from $5.1 mln in the quarter before? In addition to the extreme drop in revenues, expenses stayed relatively the same, but net income dropped to a loss of ($157K) vs income of $377K. What happened to cause such a dramatic shift in the results. Only impressive metric I can find is the improvement in GM to 67% from 29%. Can anyone elaborate to help me understand this better?
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