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Response Genetics, Inc Message Board

  • keltus1952 keltus1952 Apr 23, 2014 10:11 AM Flag

    Earnings estimate not really logical.....

    I sure wish we had more than one analyst chiming in..........look at this though.

    Estimate for March and June 1/4s combined is for sales of $11.4 million and a loss of 9 cents.

    Combined the last two 1/4s of the year have a sales estimate of $12.4 million and a loss of 11 cents.

    Why the greater loss in the 2nd half on revenues that are $1.0 million greater? Also the combined full year loss of .19 equals very close to $8 million, the cash balance as of 12-31-13. May need more cash later in the year (and maybe not) depending on how the year progresses.

    Kel.........a holder

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