Thursday, September 27, 2012 4:53:57 PM
“I appreciate the comment about the 30% YOY and I understand how it is calculated. My only point is that it reflects only a few weeks of Endwave in 2011 revenue number. If you look at the 10Q filed on August 15, 2011 on page 11, the company provides a revenue number 'as if the acquisition had occurred at the beginning of the period', that revenue for Q2 2011 is $8,796k. I am not making this up, these are the facts as provided by the company. I believe this is a more representative starting point for evaluating growth as it is an apples-apples comparison. The company's Q2 2012 revenue was $9,588k, which also includes a full quarter of revenue from Endwave. I believe the numbers are now comparable. Given that, YOY growth is 9%. I'm not making this up, just stating facts.”
Obviously he “gets it”, IMO there won’t be any revenue falling out of the sky, I mean given to them to add and show as growth and they won’t be able to eliminate any historical sales (government)to drop the numbers at the beginning of the graph (to change the history) to make it appear things are taking off and point the trend line to the sky. IMO the 3rd quarter grown numbers should be real numbers and it will be interesting because as I read it the reason that many of the companies were given to Gig was that their products were aging, I wouldn’t doubt it though if there isn’t a footnote on the growth charts eliminating those products, Lol. None the less it will be interesting to see.
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