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UniPixel (UNXL): Q1 EPS of $0.07 misses by $0.05. Revenue of $5.1M beats by $100K. SG&A...

UniPixel (UNXL): Q1 EPS of $0.07 misses by $0.05. Revenue of $5.1M beats by $100K. SG&A expenses of $2.2M vs. $900K a year ago, R&D expenses of $1.9M vs. $1.1M a year ago. Cash balance increased by $2.7M Q/Q to $15.7M ahead of stock offering. Shares -2.1% AH. CC at 4:30PM ET (webcast). (PR)
Comments (9)
  • Aristides Capital
    , contributor
    Comments (319) | Send Message
     
    in case you don't feel like suffering through a tedious cc transcript, our managing member live tweeted the UNXL call.
    30 Apr 2013, 05:30 PM Reply Like
  • jsIRA
    , contributor
    Comments (2743) | Send Message
     
    Revenue: I need to know what the revenue is. If it is from the delivery of its products, that will be great.
    30 Apr 2013, 05:36 PM Reply Like
  • Chris Hofmann
    , contributor
    Comments (755) | Send Message
     
    revenue was as expected from the NRE from the PC Manufacturer. There was also an additional 100k in revenue, most likely from samples.

     

    Revenues from sales of product is not supposed to pick up significantly until Q3, growing very quickly into Q4 and Q1 '14.
    30 Apr 2013, 05:41 PM Reply Like
  • ouijaman1
    , contributor
    Comments (247) | Send Message
     
    Chris, I understood that capacity would be 1 million/month by January when it was just pc OEM deal figured in. Was that capacity to double to 2 million/month after the Intel deal? Also, do you know if there are any more $5 million checks coming in the next quarter for hitting goals?
    30 Apr 2013, 09:10 PM Reply Like
  • Chris Hofmann
    , contributor
    Comments (755) | Send Message
     
    I actually still expect that we will be over 2 million by end of 2013 due to efficiency improvements. But.... if we want to stick with RK's conservative guidance, I would expect that they expect 2 million by early 2014.

     

    Also, they expect approximately $12M in NREs in Q2, $2M in Q3, and $10M in Q4....
    30 Apr 2013, 10:15 PM Reply Like
  • TommyWyoming
    , contributor
    Comments (3) | Send Message
     
    Nothing surprising here. Just consistent with and confirmation of the story and events to date. Now the build-out of the production facility and an income stream emerging in the Fall of 2013. The success of the production facility will determine the magnitude of the rewards to be realized. I am optimistic about this situation!
    1 May 2013, 01:43 AM Reply Like
  • ouijaman1
    , contributor
    Comments (247) | Send Message
     
    A lot of hot money and day traders jumped into this stock when it was jumping through the 20s and 30s. Some of that money is bound to start leaving which might be a good thing for the long haul but it could deflate the SP initially.
    1 May 2013, 09:04 AM Reply Like
  • jsIRA
    , contributor
    Comments (2743) | Send Message
     
    I am still in doubt whether it can produce the needed sensor in quantity. Up to now, still in the air.

     

    But I may start short term trading. Down from $41 to $32, it should provide good support in this area.
    1 May 2013, 06:03 PM Reply Like
  • ouijaman1
    , contributor
    Comments (247) | Send Message
     
    Agreed, this is near the secondary offering now and that will be supported. Stock has a history of bouncing back fast from pullbacks. Don't think it will drop anywhere near the 50 dma this time.
    1 May 2013, 07:54 PM Reply Like
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