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Ed Ajootian

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Ed Ajootian

Re: shanak10 post# 6246

Thursday, 06/22/2017 8:01:27 PM

Thursday, June 22, 2017 8:01:27 PM

Post# of 7213
We are already starting to see some serious growth to their backlog. Per their PR of 6/5, as of April 20th they had a 9-month backlog of $261M or $29K per month. Per this PR that came out yesterday, as of 6/5 they had a 6-month backlog of $234M or $39K per month. Hopefully this translates to more revenue.

I think a big reason that the stock is not responding to this news is that the company keeps changing its time-frame for giving backlog guidance. Hopefully they would consider keeping it constant going forward, and better yet, making the time periods correspond with the quarterly reporting schedule.
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