FACT! The guidance was revised to a lowered RANGE of $34 million to $39 million. With total revenues of approximately $13.5 million through six months, IMO, it is highly unlikely the ultimate annual total will reach the low-end of the guidance, i.e. $34 million.
What is going to drive the growth needed to improve on the Q1 and Q2 revenues?
Keep in mind, in order to reach the low-end of the guidance, DPW will need to average in excess of $10 million in revenue for each of the next two quarters! What is going to drive this growth? IMO...there is no obvious answer!
Based on the earnings call slides, Milton Charles "TOAD" Ault III did not feel comfortable "touting" the virtues of Avalanche's textile processing system! Apparently, this "eureka" technology and oft "pumped" growth driver was completely ignored! What does that say to the investors?