Regarding their forecast on H2 revenue from the H1 result from November 2016.
Originally Posted by JayRiggs
"With early H2 orders turning higher, the Company is forecasting H2 revenue to be up 12%-15% on H1."
Absolutely do not believe them. Expecting this revenue forecast to be downgraded. No credibility with these muppets.
Their H1 revenue was $46M.
FY2017 revenue is $94.7M, so the H2 revenue is $48.7M.
That's only 5.9% higher than H1. They missed their forecast of 12-15%. No surprises there.
Only now that I had the chance to glance at its price so I won't say something negative so as not to have it voodooed once again But man, Lazarus might finally be resurrected this time
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