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Re: hweb2 post# 103426

Thursday, 02/23/2023 1:33:57 PM

Thursday, February 23, 2023 1:33:57 PM

Post# of 113728
hweb,swick et al, BELFB regarding next quarter, I believe they said something like year over year sales will be up in the mid to high single digits%, and margins will be higher, but less than the current quarter for seasonal reasons. In addition there will be another restructuring charge (I think they said $1.5 mil, but not sure) as they continue to 'right size' their facilities.

In addition for the '23 fy, I think siad that revenues for '22 ex charges customers had to pay to them for ex surcharges for one-timish higher material pricing was approx $622 million. USING THE 622 Mil AS A BASE, they said they believe they they said that revenues would be up low single digits (ex any surcharges), with margins increasing. They may have said flat to up low single digits.. I was busy.

I think the whole $622 mil for '22 as a base thing caused some concern, as even going up low single digits, its still less then the analyst estimate.

Amazing Grace:

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