Tuesday, May 19, 2015 11:29:52 AM
I just thought I would write up my estimate for Q2 keeping in mind the back log and JN comments that most should be realized in Q2. SJCPA, What is your thoughts? Others also of course.
Sales 11,000,000
Cost of Goods sold 7,700,000 (67% Q1)
------------------------------------------------------------
Gross Profit 3,300,000
Operating Expenses
Selling & Marketing 600,000
General and Admini 1,000,000
Research 25,000
Depreciation 6,000
------------------------------------------------------------
Total Operating Costs 1,631,000
Gain or (loss) before Income Tax 1,669,000
EARNINGS PER SHARE
Basic .06
Diluted .06
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