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  • bobforaps bobforaps Nov 3, 2012 7:30 AM Flag

    The Headline numbers monday

    The immediate comparisons against 2011 for both the third quarter and 9 months should reflect a very positive story. In 2011 the company had net sales of 147 M and net income of 1.1 M for the quarter. The 2011 nine month numbers were equally weak at 457 M net sales and 6.2 M net income. So, right out of the box expect positive headlines. The challenge will be in meeting and exceeding the 2012 second quarter. Ramping up production to the levels expected always results in operating glitches so the pressure will be on gross margin and net income. The guidance by management will determine if this goes toward 14-16 or not. All JMVHO.

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