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Message: LRAD 10Q 12/31/10...

Will this $12.8M will show up in this quarter's revenues? Or, will it be next quarter?

I'm thinking that when it does, there should be a little SP action.

"In the quarter ended December 31, 2010, we had revenues of $2,205,389 compared to $5,250,068 in the quarter ended December 31, 2009. While revenues were lower than expected during the quarter, we had $12.8 million backorder as of December 31, 2010, which is scheduled to ship in the second fiscal quarter of 2011, and provide a basis for a strong start to the fiscal year. Most of the backorder is driven by a large order received from a foreign military in September 2010. On a quarter over quarter basis, our revenues are uneven, but our overall revenue trend continues to improve. Operating expenses continue to be favorable compared to prior year amounts.

TIA.

imin

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Mar 28, 2011 10:02PM
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Mar 29, 2011 11:03PM
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