SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NENG: Network Engines, Inc.

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Gus11/12/2002 5:00:58 PM
  Read Replies (1) of 186
 

Sales from Total Tidalwire
EMC Centera NENG Sales 1+1

2Q2002 $ 2.3M $ 3.0M $ 6.4M $ 9.4M
3Q2002 $ 3.4M 4.1M ~ 9.2M 13.3M
4Q2002 $ 4.8M 5.3M ~ 9.2M ~14.4M
1Q2003 ~$5.0M-$5.4M ~5.5M-6.0M - -

TTM ~$15.5M-15.9M ~$17.9M-18.4M - -

biz.yahoo.com

Company Offers Financial Guidance

Because the closing of the TidalWire acquisition is
not expected until late in the current quarter or
early in the next quarter, there will be little or
no impact on revenues and income for the fiscal
first quarter ending December 31, 2002.

Based on the current forecasts from our OEM and
ISV partners, the Company anticipates net
revenues in the first fiscal quarter ending
December 31, 2002 will be approximately $5.5
million to $6.0 million with a continued high
concentration of OEM revenue. The Company
expects first quarter gross margins will be in
the 21 percent to 23 percent range.

Operating expenses in the first quarter are
expected to be $3.0 million to $3.2 million.
The cash position at the end of the first
quarter is anticipated to be approximately
$40 million, which includes the impact of cash
used for the acquisition.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext