Optex Systems Holdings Inc. (OPXS)

[gilead23]

Yeah action was not exciting

It won't be until Q2 that results get really hard to ignore. If you look at the 10k their orders in backlog right now are 5.8 million. They do a really nice job of guiding on their delivery schedules and its likely that 5.8 is in the ballpark of where they will be. There may be a bit of upside to that around the DLA order as well as normal variance up and down, but revenues are going to likely be in the 6 million range.

They did mention their "distractions" are behind them which I am interpreting to mean their margin issues. That leaves me figuring .06-.07 is a good guess for next quarter.

Where it really gets interesting in Q2. They already have 6.8 in the backlog for Q2 delivery. That number almost always increases as the quarter approaches (with 1 recent exception). It wouldn't surprise me to see revenue in Q2 of 7.5 million and EPS as high as .15/share. That isn't going to be ignorable, and I think it would get you to 5 dollars. Then G&H revenue should hit in the back half of 2020.