Christine Russell
Thank you, Jeff. As most of you should have a copy of the financial results let me focus my comments on a few key areas. We grew revenue from the first quarter of 2016 by 13% quarter-over-quarter. Revenue in Q2 2016 was a $1 million compared to $900,000 of revenue in the first quarter of 2016.
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That being said, they have backed away from their timing projections from last year, as we all know. However, since that call, more design wins were announced, among other things and the ramp was pushed back to Q3-4, 2017. So we are now in real time.
Not expecting great things, number wise for Q2 but I do hope to see management confirm their Q3-4 acceleration of the ramp. And hopefully more design wins will surface, furthering the manufacturing pipeline.
And GIS updates will be welcome, and any other new developments, including the new equipment line for Diamond Guard.
So we are a month out from the next earnings call, but I would not be surprised to see news prior to that, given all of the above.