Sunday, December 30, 2018 3:39:34 PM
Yes, .012 is about how much I expected. I think in the quarter ending March 31st, 2019, they could probably net 700-800k from that 2 million contract— so hoping for a .02-.025 EPS quarter. Not sure about the quarter ending dec 31st due to holidays and oil prices tanking. The only orders they would have for that quarter would be from Schlumberger since they mentioned they don’t expect anything from the utility order till 1st qtr 2019.
In any case, with the current balance sheet and profitability from the utility order, they have bought themself more than enough time to keep the party going. If we get decent orders from Schlumberger or continued orders from industries outside oil and gas, I think we could go a lot lot lot higher.
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