Spectra7 Microsystems Inc. reiterated earnings guidance for the first quarter and first half of fiscal year 2022. For the quarter, the company expects revenue will be approximately $2.0 million.

For the first half, the Company reiterated from its April 7, 2022 news release that revenue for the first half of fiscal 2022 is expected to be in the range of $5.5 million to $7.0 million. At the midpoint of the outlook, this represents an increase of approximately 285% from the first half of fiscal 2021.