Elite Pharmaceuticals Inc (ELTP): WRONG and WRONG!! foresees earnings...

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Re: imanjen13 post# 383845

Thursday, 08/03/2023 12:03:45 PM

Thursday, August 03, 2023 12:03:45 PM

WRONG and WRONG!!

foresees earnings next year surpassing $40 M

Thats not what the CEO said. The CEO said nothing about next years earnings surpassing $40m, thats ridiculous!! Not even in the same solar system!!

future quarters thereafter are expected to be positive

Nah, here's what he said about future profitability:

profit is going to be a little tricky, because now we have a higher cost for the sales and marketing department, okay?

This is your DD? lol

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