Saturday, December 06, 2014 4:34:44 PM
Quarter 1 revenues 1.047 million
Quarter 2 revenues 7.471 million
Quarter 3 revenues 6.438 million
Total revenue for the first 3 quarters is 14.956 million
Nelson stated: "management expects revenue to exceed $20 million in 2014."
Quarter 4 revenue estimate would be around 20-14.956=5.044 million
He may be conservative with his estimate of over 20 million, but it's not reasonable to assume they bring in more than 7 at most. Unless someone has evidence to support the idea of a higher estimate? Still, excellent growth from 0 revenue last year to 20+ million this year. with a goal and plan to earn 100 million in 2015.
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