Q2 and Q3 were great quarters... not as good as some expected, but fantastic quarters when compared to the growth rates of MOST companies
Based on 8 years of data Q3 is historically Snakes slowest quarter, but it was still their 3rd best quarter ever.
Single orders can change a quarter by 7 figures. Its much savvier to compare Qs based on the previous year and/or the entire fiscal years growth, which shows AMFE is kicking ass. Comparing a historically weaker Q to a historically stronger Q is not the way an analyst would look at the numbers.
When a Canadian mining company is in the middle of winter, you cant compare the numbers to the Summer production, right?
We have aleady doubled last year revs, in just 3 quarters and we are not talking about revs jumping from $100,000 to $200,000. We are talking about MILLIONS. 8 figure revs over 3 quarters.
This is a solid company based on the growth rate. Most companies, at this size, are excited over much less growth... some of us just got a little ahead of ourselves looking at the $6 million quarter (holiday orders) and not fully comprehending the random nature of these large contracts, like we do now.
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