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Re: CashMoneyCarl post# 60683

Monday, 05/15/2017 1:04:01 PM

Monday, May 15, 2017 1:04:01 PM

Post# of 63559
Carl,

I don't understand why the guidance discussion to be honest...it's pretty clear to me.

https://seekingalpha.com/article/4058855-sunworks-sunw-jim-nelson-q4-2016-results-earnings-call-transcript?part=single



Jeff Osborne

All right. And just what about 2017 as we look for the year ahead obviously you gave the guidance of 30% growth on the top-line and being profitable, but how do we think about the trajectory of -- especially as we contemplate moving into additional states.

Jim Nelson

Yes. We'll be pretty disappointed if we only do 30% to be real frank, but 30% we're giving as guidance and we feel real strongly about that. And frankly we began moving into multiple states last year and now it's part of the reason why we had more operating expenses relative to revenue of course that's always a ramp-up period, but now we believe that this year those states into which we have expanded in some of those that we continue to expand, while we expanded money, we'll start producing and in fact Abe and I were discussing that this morning, we're very bullish of what's going to be happening in those new territories this year.