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Friday, February 02, 2018 7:31:08 PM
People perceive what actually happened. He said 1/31 and choked.
Maybe get to 5-10m of recognized revenue for fiscal 2018 for contracts we know about that some have estimated around 25m. Contracts and recognized revenue are not the same.
A 1.2m contract signed on Jan 1st (first day of onci year Nov 1st). 100k of units delivered on Feb 1st. Feb 1st 100k recognized. If lucky 900k of that contract would be recognized for the year. This is generally what one would expect to happen. Obviously it would be different if SB pr'd the whole order to be delivered.
From the prs for ones he has provided the deal date and first delivery you can guestimate how much of those contracts could be recognized for onci 2018. If his pr'd info is accurate, true, etc.
Where did the 100m number come from?
Not trying to argue but seems a little off.
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