InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,631.22
(
0.28%
)
US TECH 100
19,879.20
(
0.44%
)
Dow Jones
40,211.72
(
0.53%
)
Brent Oil
84.39
(
-0.25%
)
Bitcoin
63,591.38
(
4.62%
)
Post# of 249246
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

RootOfTrust

Send PM Follow Ignore
Followers 35
Posts 5775
Boards Moderated 0
Alias Born 07/22/2003

RootOfTrust

Re: None

Tuesday, 06/20/2006 9:55:03 AM

Tuesday, June 20, 2006 9:55:03 AM

Post# of 249246
A Q2 accounting question:

It's my understanding Wave will receieve their Q2 royalty payment from Dell 30 days after Q2 closes, call it July 30. Can Wave book that as Q2 revenue since it was for Q2 shipments, or does it have to go in Q3 since the payment was received Q3?

I think Wave may need the Dell Q2 payment to report over $1M for Q2. If they can't put it in Q2 I would expect them to say something about it in the Q2 earnings release.


Public Reply Private Reply New Post
Keep Last Read
Replies (4) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (4) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up