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    SEV   CA84761T8692

SPECTRA7 MICROSYSTEMS INC.

(SEV)
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Delayed Bourse de Toronto  -  05/20 10:18:08 am EDT
1.150 CAD   +2.68%
05/05Top Global Virtual Reality Gaming Company Chooses Spectra7 Chipset to Power its Next Generation Head Mounted Display
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05/02Spectra7 Microsystems Inc. Reiterates Earnings Guidance for the First Quarter and First Half of Fiscal Year 2022
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05/02Spectra7 Announces Fourth Quarter and Fiscal Year 2021 Financial Results
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Spectra7 Microsystems Inc. Provides Revenue Guidance for the Fourth Quarter Ended December 31, 2021, First Quarter of 2022 and Year of 2022

01/24/2022 | 09:00am EDT

Spectra7 Microsystems Inc. provided revenue guidance for the fourth quarter ended December 31, 2021, first quarter of 2022 and year of 2022. The Company expects to report revenue of approximately $2.6 million for the fourth quarter of 2021, compared with $1.6 million in the third quarter of 2021 and $0.4 million in the fourth quarter of 2020. This represents an increase of approximately 67% from the prior quarter and approximately 600% year-over-year. Based on current order trends and $9 million in total backlog, Spectra7 expects revenue for the first quarter of 2022 will be in the range of $3.0 million to $4.0 million, given current constraints in the semiconductor supply chain. For fiscal 2022, the Company currently expects revenue to increase each quarter with an acceleration in the second half of the year. With the potential for improvement across the supply chain and continued strong demand driving order and backlog growth, unconstrained product demand for fiscal 2022 is expected to exceed $20 million, with full-year revenue realization potentially constrained by supply availability.


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All news about SPECTRA7 MICROSYSTEMS INC.
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05/02Spectra7 Microsystems Inc. Reiterates Earnings Guidance for the First Quarter and First..
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Financials (USD)
Sales
Net income
Net Debt
P/E ratio
Yield
Capitalization 29,3 M 29,3 M -
EV / Sales -1
EV / Sales 0
Nbr of Employees 40
Free-Float 87,2%
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Managers and Directors
Raouf Y. Halim President, Chief Executive Officer & Director
Bonnie Tomei Chief Financial Officer
Ronald J. Pasek Chairman
Andrew Kim Chief Technology Officer & VP-Engineering
Roger John Maggs Independent Director
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