IMHO, we're still at the point where the impact of revenue greatly outweighs profits. Hell, I was actually happy to see that spending more than offset the meager revenues, and frankly I'd rather see a further decline in net earnings if it was in the context of radically increased revenue and a substantial uptick in infrastructure investment/COGS. One of the biggest issues with SHMN for as long as I've been involved is a lack of actual sales. Infrastructure spending is often a short term investment (hence many microcap companies touting their EBITDA/Adjusted EBIDTA rather than earnings), and COGS tends to decline with experience. Actually demonstrating that you can generate revenue is priceless.
I have zero information to base an opinion on what the numbers might look like, but past performance makes me at least a bit skeptical...it seems that each quarter we have wonderful outlook followed by meh, so I remain firmly in Missouri right now...Show Me.
Given the lack of volume despite numerous cheery announcements, I can only imagine that the broader investment community feels much the same.
News 
Market Data 
Discover 
