From what I understand, they don't pre-announce revenues anymore, but if they did, I think you'd be looking at closer to the $7.5 million number for Q1 as it's traditionally a pretty flat quarter. Q's 2 & 3 should see a nice jump in revenue though.
That's pathetic, Spetty. Then AUGT is not a growth company. It is just a consumer staple that ebbs and flows with the economy and season. Like companies that make greeting cards and grass seed. Sheesh. Major thumbs down, pal.
Interesting article from seeking Alpha. Here is an excerpt "YouTube's (GOOG) mobile ad sales have tripled over the last 6 months" So while the orphans (AUGT, MM, Velt) post only minimal sales increase the big boy in the room is up 300%.
Whom is eating out of who's bowl?
This is a main factor as to why the market has cooled towards these now Boutique wannabe players.
The market probably sees a huge consolidation and margin drop around the corner.
If you were Ford motor and you had to tell the CEO who you booked mobile ads with, I am sure Google would be the first mention as it is a known big player.
So the next step in a maturing market is margin reduction by the struggling players.
so 4th qtr flat rev and 1st qtr flat rev ..hmmm, gonna make it hard to get to 20% avg growth like imiami was saying on his math tirade recently..and what the company is saying..so your saying every year there is 2 "traditionally" flat quarters..so qtrs. 2 & 3 need to be 40% growth..