Earnings estimate for the third quarter
Post# of 7769
Posted On: 09/02/2014 11:48:02 AM
Re: celtics2014 #4392
The 3rd quarter should include the 1.2 million left behind from June. The costs for June's revenues were pre paid as listed in the 10Q. However, 1.2 million of revenues were not recognized and so the 1.2 million prepaid now become EARNINGS for the 3rd quarter. Thus, whatever estimate one has, it must be increased by 1.2 million or .088 cents. With this running start, we should be EARNINGS and cash flow positive in the 3rd quarter!!
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