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Re: None

Friday, 10/06/2017 8:23:20 AM

Friday, October 06, 2017 8:23:20 AM

Post# of 358
This a huge contract. Look at the effect on 2018 Q2 rev. 100% increase in net sales. WOW!

Giga-tronics (NASDAQ:GIGA) +64.3% after-hours on news of an additional $4.9M order extending ongoing production of its high performance RADAR filters used in fighter jet aircraft for a "major aerospace company."
GIGA expects to begin initial shipments of the new order during FQ4 and complete the bulk of the new order shipments over the succeeding 9 -12 months.
GIGA also offers guidance on its 2018 Q2, which ended on Sept. 30, seeing net sales of $2M-$2.2M, vs. $2M in FQ1 and $4.4M in the year-ago quarter.


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