InvestorsHub Logo
Followers 7
Posts 145
Boards Moderated 0
Alias Born 02/09/2014

Re: biggi222 post# 28404

Saturday, 12/06/2014 4:34:44 PM

Saturday, December 06, 2014 4:34:44 PM

Post# of 63559
Can we all agree that 5 to 6 million in revenue for Q4 is reasonable?

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.