I realize we've all done the math, but here is a crib sheet for those who haven't. Thanks to Jesinternational at IV
During the 2013 First Quarter only $23.5 million in Product Revenue was shipped, leaving a balance of $115.5 million in Product Revenue for the remaining three Quarters in Fiscal 2013, or nearly $39 million per Quarter in Product Revenue alone, not including any Parts & Service Revenues.
One quarter does not make up Y/Y but this isn't exactly the lead off we had in mind. I know we could of, maybe, included those 2 C1000s on the dock, but that would still have left us a bit short. Hopefully enough of the backlogged units will be delivered this year to make the numbers work. 39 million a quarter in Product Revenue is going to take some serious sells and delivery efforts.
I believe that we were all looking for some blowout numbers for Q1 and the fact that we didn't beat expectations has soured many on this company. The most common sentiment I'm reading is negative or are quite gracious in trying to put a positive spin on things.
All that said I'll take today's 1 cent gain.
