Actually Q over Q revenue is NEVER even close to being as important as YOY, considering companies have seasonal businesses.
Let me define seasonal for some Negative Spinners here.
"Companies have stronger quarters then others throughout the year based on demand in that particular season"
ohhhhh and lets not forget the MOST IMPORTANT YOY statistic that Wall Street actually pays attention too.
NightCulture Inc. Reports Record Revenue & Net Income!
HOUSTON, Dec. 16, 2013 (GLOBE NEWSWIRE) -- NightCulture Inc. (the "Company") (NGHT) announced operating results for the nine months ended September 30, 2013, including a 71.96% increase in revenues to a record $3,441,842 for the 2013 nine months compared to $2,001,438 in the first nine months of 2012. The Company reported an operating loss of $5,270, compared to a loss from operations of $151,473 in the 2012 reporting period, and net income of $2,614,691 or $0.05 per share, compared to a net loss of $6,841,944 or ($0.14) per share in the 2012 period.
Michael Long, CEO of NightCulture, stated, "We are extremely proud of our team for achieving another period of record revenue. We will continue to work hard to strengthen our balance sheet by reducing debt and growing the business. "
AI
