SunWorks Inc (SUNWQ)

[SandridgeEnergy]

Why was full year guidance revoked during the CC?

As it relates to our outlook going forward, due to the uncertainty of the exact timing of recognizing revenue, we will not be providing full-year guidance.

They say because of uncertainty... but that has always been the case. They gave guidance as recently as a few weeks ago, and we are supposed to believe that they suddenly realized the nature of their revenue recognition?

Takeaway: They are not confident they can achieve their previously iterated guidance. If they were they would have not revoked it.