Take note that the big jump in long-term receivables and noncurrent liabilities is due to long-term purchases (3 & 5 year deals)..."What we're doing, is putting that on the balance sheet".
"We're trying to build our recurring revenue model, as I've been saying. And it's - it took a few years with the MSP to build up a decent-sized percentage of the overall revenue. And we're hoping, if we could stay on the same track that we did with the MSP in UCaaS, it would be in another 12 to 18 months that will be significant revenue that you can count on quarter-over-quarter for years to come."
Hold, Wait, and Accumulate!!!
Keep on Rollin'...
The information posted by 2morrowsGains is opinion only and should not to be taken as investment advice.