Tel-Instrument Electronics Corp. Provides Earnings Guidance for the Fourth Quarter and Full Year of 2015 and Provides Revenue Guidance for the First Quarter Ending June 30, 2015
The results for the full year are still expected to show a modest loss as the improved results for the second half of the year did not fully offset the slow start during the prior fiscal year.
For the first quarter ending June 30, 2015, the company expects revenues to exceed $5.5 million, representing a 75% increase over year ago revenues.