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bar1080

07/13/18 3:04 PM

#4249 RE: str8_chuter #4248

I think you're right. TU. Totally improper for financial research/reports to use silly abreviations such as M or MM. M can mean thousand or million. MM is also often used to mean millions. Varies by industry and country.

What's so hard about writing out "Million" like below?

From a recent report on DDD:
"With that, I would like to provide an overview of the first quarter before John provides more detail on our financial results. We are pleased with our revenue in the first quarter with growth in printers, healthcare, software and on-demand manufacturing. During the first quarter, total revenue increased 6% to $165.9 million.

bar1080

07/13/18 3:26 PM

#4250 RE: str8_chuter #4248

Interesting that you were the only IHUBer who realized how far off my post was.

On problem with using M or MM.
https://www.wallstreetoasis.com/forums/m-or-mm

bar1080

07/13/18 7:38 PM

#4252 RE: str8_chuter #4248

I was off by a factor of 1000 (!), and I actually double checked that. Even triple checked it because it so amazed me. Funny how hard it is to find the top line revenue. Everything's so focused on sales and earnings growth rate, or decline.