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wilma6311

08/11/11 9:35 AM

#7429 RE: joro44 #7428

Demand is highest in winter months. Hence the Jan - Mar numbers will be higher than those for the Spring months of Apr - Jun. Doubling revenues from one year to the next in a depressed economy is significant and should not be dismissed.
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sevenOdouble

08/11/11 12:00 PM

#7439 RE: joro44 #7428

I think you misunderstood something:
"We anticipate that our revenues for the first six months of 2011 may nearly equal our revenues for all of 2010."
THAT is a good thing!
If they have revenues in the first 6 months of 2011 that is almost equal to all the revenues from whole 2010 then this is practicly an improvement of 50% YoY.

So even if the second Q is a few mil lower then the previous Q it will still be an improvement compared to the same period last year. Those statements were a subtile way of them saying "yes the 2d Q will have less revenue then the first one", but IDK which has more importance: +- 10% less rev QoQ, or +- 50% more rev YoY...
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6sigma6

08/11/11 5:44 PM

#7444 RE: joro44 #7428

may nearly equal our revenues for all of 2010
- which is 40$+M for 10 months

March 31, 2011 were $22,565,496
- that's 1st 3 months of 2011

may nearly equal our revenues
- that's 2nd quarter of 2011


Assuming WORST case scenario its 10$ mil on the succeeding quarters. That's still 50% up from 2010 for FY.