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Re: DD2Gain post# 22925

Saturday, 01/31/2015 12:56:05 PM

Saturday, January 31, 2015 12:56:05 PM

Post# of 84311
If you had done your DD correctly, you would have said:
Predictions were missed by 4%:

From a letter to the shareholders (July 30, 2014):

The effects of shedding this business requires a reduction of 2014 revenue projections from $30 million to $25-27 million but at the same time an increase in our 2014 gross margin projections from our original goal of reaching 22% gross margin by Q4 to our new goal of 23.5% gross margin for the entire year and reaching 25% in Q4 2014.