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Re: JMI post# 34513

Tuesday, 10/16/2018 5:40:44 PM

Tuesday, October 16, 2018 5:40:44 PM

Post# of 56351
One more correction...... 2015 $86 million , 2016 $103 million , 2017 $131. Million. .
2018 projected $155 to $180 million.

Now up 2018 projection $175 to $190 million.

CFO projects $47 to $52 million for 3Q a couple of weeks past.

1Q $27 million done
2Q $39.9 million done
If 3Q $52 million , then $118.9 for first
3 quarters .

4Q projects $56.1 million ro $71.1 million in new estimates.
They already projected area $175 million to $180 million in old estimates.
Why increase estimate to $190 million unless great probability of beating $180 million ?
And, Plug has beat revenue estimates consistently $1 to $5 million.
There is a good chance with this estimate that $200 million for 2018 possible.
If 50% revenue increase per year , then 2019 project $300 million and 2020 project $450 million revenue. Just continue 50% revenue growth. Only thing remaining is cash retention. How will cash increase.
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