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Wednesday, November 01, 2023 2:32:23 PM
The last quarter ending June 31 was a nice surprise with 9 million in revenue dampening fears that the first quarter where Elite was its own distributor would be a downer.
The quarter ending September 30 in 2022 was 8.6M.
Any number above 9.5 million for the 2023 September will be acceptable and show revenue continues to improve.
Hopefully NH will again be prepared on the conference call to give investors an idea of future growth especially with the Adderall xr which has been a laggard.
Watching the tape it appears the new investors here are still looking for some size to buy but MMs are showing very low offers to sell.
Recent ELTP News
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