Spectra7 Microsystems Inc. provided revenue guidance for the full year of 2022. The company expects to generate record revenue for the full 2022 year. The current outlook for revenue in the second half of 2022 is in the range of $5.3 million to $6.1 million.

At the mid-point of the updated range, the projected full year results represent an annual revenue of approximately $11.2 million, which would be double the revenue generated in 2021.