DFNS came out with some news yesterday that they received another $1.3 million order which is GREAT news.
Q1 and Q2 of 2006 DFNS only had $1.8 million in revenue each quarter.
With all the orders, backlog, and smaller orders (that they don't announce). I would expect DFNS would have 150-200% revenue growth for Q1 and Q2.
150% revenue growth for the quarter would mean roughly $4.5 million in revenue.
200% revenue growth for the quarter would mean roughly $5.4 million in revenue.
Depending on when the orders finish. (Some could have fallen in April which is Q2)
Either way I would expect to see some good growth and would be disappointed if I don't see at least $8-$10 million in revenue for the first 2 quarters.
Q3 could be pretty good as well.
I see no reason why DFNS shouldn't do at least $15-$20 million for the year. (They did a little over $10 million in 2006) So the growth should be pretty good.
Now hopefully they can earn a couple cents per share in Q1 and Q2 and this stock will take off.
May 15th is when they will have to release their Q1 #'s. Hopefully before then we will get some more news on orders etc...
The stock went up nicely yesterday on the news. Though seems pretty dead this morning so far. Its only .06 from its highs set back in Feb. And IF todays close is good we should test .60-.63 range in the coming week or two I would think.
Have a good day
Steve Hoven
alleycatnews@alleycatnews.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment