Hopefully so on AEY. But they've been saying this kind of stuff during the CC for the past couple years. From the Q3 CC last year-
"We also benefited from strong growth in our Telco business, with over $18 million in sales, which represents Telco's second highest quarterly sales volume, reflecting continued demand for our optical transport, wireless and enterprise network offering."
"Our Telco segment had another great quarter, as we bring solutions to the demand for optical transport equipment and fiber networks across the United States. We also support the need for new and refurbished products for wireless and enterprise networks through our Nave and Triton business units. This was the sixth consecutive quarter of revenue over $11 million in sales.
Our Telco segment continues to generate solid and positive contribution margin to our company. We anticipate a leveling off of demand at some point in future quarters, albeit at a somewhat elevated level relative to our recent past. However, we continue to see global supply chain issues and microchip shortages throughout the industry, which drive demand for our product offerings."
I've followed AEY a long time. Their forecasting ability isn't great. Q2 & Q3 of 2022 were a couple of the best showings on the top/bottom line that I remember in years. So the supply chain boost makes sense. Like I said, we'll see how they do this year. Some insider buying down here would make me more optimistic that they can improve on the impressive numbers from last year.
