Could the lull be that revenues for the quarter are light? This Q's revenues projection is $26M. But with an $80M backlog in orders, it would be a surprise is revenues can't be managed. Or could it be that bookings are slow? I added up the Van announcements this Q and they amount to $20M. That does seem slow, but 1Q usually is. MD$
Maybe you haven't followed this company very long. The average quarter in their "off" quarters (those not in the August--Oct area) tend to be about $6 million in orders a quarter) $20 million is outstanding. Keep in mind there are also orders that cannot be reported because of govt regs (not likely--but it happens) and there are orders that are insignificant on their own, but in total they add up--probably as much as $3 or $4 million.
The concern over revenues for the quarter is a mute point. Really, investors should be focused on profit margins and new orders and new customers. If they do $30 million for their quarter that would mean they probably would only do $20-$24 million next quarter. So a nice steady increase with out blowing their backlog is the best case scenerio until the REAL orders start kicking in from the TSA, DOD, etc.
The $500 million blanket order from the DOD expires very soon---a new order should be on its way.
I have been following/investing in ASEI before it switched to NASD. I came over from the TSO board on ASECULT's recommendations. I made some nice dough. Today's R&D announcement, though small, was interesting. Enhanced van tech sounds good for future sales. Re revenue, that is true that not all bookings are announced. Based on that (and $20M in announced bookings), this does appear to be a super q that ended today. When will release be -- early Jun? MD$