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Thursday, November 05, 2020 5:18:42 PM
Yes, we should see it around the middle of November (45 days from the end of Q3). AKA likely late next week.
Yes, we should see revenue from the company's largest contract reflected in this quarter. Backlog was pretty low coming into this quarter so I imagine Surna has been able to start working on this contract right away. In the original announcement the company noted that it expects to recognize all of that contract's revenue in 2020.
Especially with the momentum of the past few days I think even a half-decent earnings report will highlight how absurdly cheap this stock trades (on a price-to-sales basis). But the year-over-year comparison will be to one of Surna's two profitable quarters and the headline YoY comparisons could overshadow the bigger story.
SHOULD BE INTERESTING!
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