InvestorsHub Logo
Followers 15
Posts 661
Boards Moderated 0
Alias Born 10/20/2010

Re: commoncentsinvestor post# 11550

Tuesday, 09/30/2014 1:17:53 PM

Tuesday, September 30, 2014 1:17:53 PM

Post# of 48153
Not to my knowledge. Experience with smaller IT startups though seem to follow a pattern of non-disclosure of deal details, or in some cases acknowledgement of deals. I believe this is because customers do not want to tip their hands to their competitors. The IT industry is vicious - it changes fast, and a small advantage can mean massive amounts of sales $$'s. No one wants the competition to know what they are up to.

The other reason is that in the early stages, revenue can be very "lumpy" in these kinds of companies. The timing of deals can make the difference between an outstanding quarter and a modest quarter in the early going. If management is looking to flatten out the stock performance and have a nice smooth upward path, they will put a lid on both the good and the bad until there is enough critical mass, that the wins and losses don't have as much affect.

We know the deals are out there. We likely will never know what they amount to though individually. In sum at the end of each quarter there will be more "colour" on this, but I would not expect a lot of detail.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ANY News