Sphere 3D Corp (ANY)

[donkschmonk]

Yes, but the cost savings achieved are nice and ahead of plan. Obviously, they are taking the cost cutting at Overland very seriously...

Noticeable Is the revenue reporting breakdown of the merged entity, which we see now for the first time and will see going forward:

Product revenue for the fourth quarter of 2014 was $8.6 million. Disk Systems and Virtualization revenue was $4.9 million. Tape drives, media, and tape automation revenue was $3.7 million. Service revenue was $0.9 million.

It clearly seperates the "old" tape revenue from the new disk and virtualisation revenue and service revenue.

This as analysts will most likely place a lower revenue on the old tape revenue (though that is experiencing a revival as we read in many industry articles) so I like the clear breakdown...most importantly, as anybody who says oh, most revenue of Sphere 3D is coming from old style tape revenue...bla, bla, bla will not be able to do so