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.
I was looking at the stock recently and I was curious why the analysts expect such a low revenue growth rate for next FY?
Especially in light of these recent results:
Total revenues increased 43% and product sales increased 59% in the third quarter of 2015 compared to the same period in the prior yearTotal revenues increased 39% and product sales increased 60% for the nine month period in 2015 compared to the same period in the prior year
Any idea why even the most bullish analyst is only targeting 17% revenue growth in 2016? Stale data? Could they simply have not updated their views publicly?
The latest PR announced a very sizable contract to provide CNG Virtual Pipeline systems to Xpress Natural Gas LLC (XNG) out of Boston and New York.. Initial contract value is $8.4 Million (contingent on certification of Quantum's prototypes).. with an option for $13 million for upgrades and additional trailers.
So, here we have over $21 million in contracts for a company which has a current market capitalization of $20 million..
I'm hoping that we've seeing the bottom and it will be upside from here..
CNG distribution infrastructure is lacking.. and it's going to need to roll out even faster to provide the kind of fleet and non-fleet CNG fueling services.. Virtual pipelines could prove critical to expediting availability of CNG fueling stations.
9:01 am Quantum Fuel announces an event of default under its credit facility with Bridge Bank National Association on Mar 14, as a result of its failure to make a $2.7 mln principal payment ( QTWW) : The event of default under the Bridge Bank credit facility also constituted an event of default under the senior secured convertible notes issued by the co on Sept 15, 2013 and June 29, 2015, which have an aggregate principal balance of $12.5 mln.