“Preliminary Second Quarter Results” Last quarter they announced announced “preliminary 1st quarter bookings” of 5.5 mil on 4/22 flexing a 388% increase year over year for Q1. Stock spiked!! They announced actual realized Q1 revenue on 5/11 of only 2.4 mil and stock tanked again. Key word in Q1 preliminary PR was bookings and not realized revenue. In this latest “preliminary results” PR they are claiming approximately 4.5 mil in actual revenue. We will see what they actually report later this month and how much of this is fluff!!
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