i dont really see any reason for any down grade.
have they lost any orders? have they been forced to reduce prices?
who expected services to be gross profitable?
even H2 is getting close and those costs were locked in a few years ago and would be lower now.
(those are the repeat, increasing in size every quarter, business. The hardware business i already profitable (gross).
still l on track for EBITDA profitability late next year and $500m turnover in 2020.
only negative I heard was short term expenses due to more expensive components as they ramped up from an April order to deliver how many cells in Q3?
should they have planned = yes and may be they did but couldn't put into their estimates without assuming the amazon deal and "pre-disclosing" it.
Q1 will be how many times bigger than last year - 5, 8 10 times?
oh and three new customers we didn't know about - plus Mars at least
confirmation that they have passed tests in China and with FedEx / DoE. opening up the next $1Bn market
so why should anyone down grade them?
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