What a blockbuster! Does anyone know what mnufacturing problems on what new product(s) he was talking about in regard to the sales shortfall? Also why would he still be guiding a 15-20% sales growth and a 20-30% earnings growth for the next 2 years?
<<<Also why would he still be guiding a 15-20% sales growth and a 20-30% earnings growth for the next 2 years?>>>
Important to understand exactly what that EPS guidance is based on. Considering EPS for this past year just came in at approximately 70 cents (vs $1.08 estimate)......that impressive looking 20-30% EPS growth guidance figure above means NLS over the next 12 months won't even earn as much as they were expected to earn this past year. Over the next 12 months EPS should be approx .84 - .91 cents.