Savvy Trades and Investments

[wadegarret]

BSQR dd EPS estimate for June qtr

The CEO said $25M-$28M for the June qtr. Being that they've been under promise and over deliver on their guidence, I conservatively expect $27M for the June qtr. Now margins in their engineering sector are going up to the low-mid 20s from 17% according to company guidence, and the margins in their other sectors I will assume stay stable. So here's what I get from crunching the numbers...

Third party software revenues $20M x 14% or $2.8M

Engineering Service revenues $6M x 23% or $1.4M

Proprietary Software revenues $1M x 93% or $.9M


So I figure total gross profit will be $5.1M. I will figure $3.6M in total other operating expenses as well- they were 3.55M for the Mar qtr. That would give a Net Income of $1.5M, and with 12M fully diluted shares, around $.125 for the qtr.

So my best guestimate is around $.12 for the June qtr.