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Post# of 94785
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Drexion2004

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Drexion2004

Re: Rames post# 82615

Thursday, 06/16/2011 10:29:45 AM

Thursday, June 16, 2011 10:29:45 AM

Post# of 94785
Telecoms: Hmm, thanks...This is what GRRF had to say about Q2 during their Q1 PR --
"Guidance for Second Quarter 2011

For the second quarter of 2011, GrenTech forecasts revenue to be in the range of RMB380.0 million to RMB425.0 million. "

This was their Q2 revenue last year:
"Second Quarter 2009 Financial Highlights
• Total revenue increased by 127.1% year-over-year to RMB423.2 million"

This was their GUIDANCE for Q2 during Q1 of 2010:
"Guidance for Second Quarter 2010
Management estimates that revenue for the second quarter of 2010 will be in the range of RMB350 million and RMB380 million. "

If that 'under promise' trend continues by the same percentage, Q2 2011 revenues should come in around 450-473M RMB.

-Fernando
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