If 2014 is going to have 5 quarters through March 31, 2014.... then I would assume Year end 2015 is including revenue dates April 1, 2015 - March 31 2016.
If those are the dates then yes 2.8 mil is an extreme low ball number. Even double that at 5.6 would be safe, IMO. That's less than 1.5 mil/quarter.