Spectra7 Microsystems Inc. provided revenue guidance for the second half and full year of 2022. The current outlook for revenue in the second half of 2022 is in the range of $4.6 million to $6.0 million. While the demand environment remains strong, continued supply related constraints are impacting the current revenue outlook.

The Company expects to generate record revenue in 2022. At the mid-point of this range, the projected full year results represent an annual revenue of over $11.0 million, which would be double the revenue generated in 2021.