CURRENT 1Q ENDING 1/31 COULD BE A RECORD IN REVENUES and PROFITS WITH A HUGE NEW LINE UP OF HIGHER MARGIN PRODUCTS
Stop posting false information. This poster posts under a different handle here and knows quite a bit about Hauppauge. There is 0 confirmation that Hauppauge will be at CES, there is no confirmation of any new product that actually will make it to the market(for example check steameez pro due to be released 7 months ago per SEC filings) there is NO way that first Q revenues will be NO where near all time highs. Current Q just started, the last one just ended Dec 31. Check price history on the stock the last 3 years. Be prepared to hold if you buy near 2 for a long time..
Sorry Shortie, you are the one posting misinformation. On January 2, 2013 HAUP released its 4Q and FY 2012 results ending September 30, 2012. The 1st quarter ended December 31 and the following one are the two strongest quarters seasonally and historically. 1Q 2013 will be reported next month and it could be a record. Gross margins will be record high because older low-margin products were discontinued during 4Q 2012 to give next-generation products a head start before the holidays.
Here is an excerpt of the January 2, 2013 4Q and FY 2012 earnings release:
Hauppauge Digital Reports Fiscal 2012 Fourth Quarter And Year End Results
PR NewswirePress Release: Hauppauge Digital Inc. – Wed, Jan 2, 2013 5:34 PM EST
HAUPPAUGE, N.Y., Jan. 2, 2013 /PRNewswire/ -- Hauppauge Digital Inc. (HAUP), a leading developer of digital video TV and data broadcast receiver products for personal computers, today reported financial results for the fourth fiscal quarter and year ended September 30, 2012....