Recent

% | $
Quotes you view appear here for quick access.

Iteris, Inc. Message Board

  • friendofthetrend friendofthetrend Jul 16, 2014 9:50 PM Flag

    Preliminary report on earnings looks reassuring to me

    It doesn't breakdown the Q results but the whole Yr.

    Seems like they made around 17M which appears to be solid sequential growth over last Q.
    ***************
    “2014 was another profitable year with strong revenue growth and a growing cash balance. In addition, our business and its prospects remain strong. We are continuing to focus on completing our fiscal 2014 audit.”
    *******************
    This announcement should soothe some nerves, it seem to me. I guess the difference in the range reveals the amounts in question. About 1.5 M in revs is the limit to what is questionable there.

    Net income has a range difference of $1M for the entire year. Either way, there IS net income for the year. So EPS could be say, in the neighborhood of $.03 per share if net income comes in at $1M. If it comes in at the lowest range it would be $.017. If it comes in at the highest range we are talking about $.0458 EPS for the year.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
ITI
2.41+0.01(+0.42%)May 24 3:57 PMEDT