Posted by: Sekrah
In reply to: ETIMlurker who wrote msg# 37779 Date:3/2/2007 3:09:43 PM
Post #of 39331
Re: 32% Higher Income than forecast
ETIM forecasted $3.1m in sales this year.
They now state they are 32% higher for February. If they were off exactly the same for each month, that would be $4.1m in sales. However, you must apply exponential growth to their forecast! If they were 32% short of February sales estimates, then they drastically underestimated the demand for there products.
We may end up seeing $6m-$8m in revenue this year.
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