agree with all that. They have been reporting like this for years. But they still give their revenue guidance even if vague (second half will be "substantially higher"). It is just that they tend to end up in the lower ranges of guidance
For those who have been keeping a close eye i feel like the numbers were as expected, except we were lead to believe $10m+ orders for the quarter. & $12m was a very pleasant surprise even if some are long term funding propositions (although i am still looking to hold for a few years so others wont care as much) and the $8.9m backlog or whatever it is is a good indication revenue will be strong & $20m+ for the second half seems like a decent bet. Profit will come with scale
as long as know one trumps AVA with technology it must be hard to lose customers in this space
AVA Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
(20min delay)