larry re: SRTS CC: In summary, you had no clue what was going on in your business. You were well into your quarter, and you had no clue that shipments were falling off a cliff. Or you were intentionally providing misleading guidance.
SRTS - Yeah, and when you listen to it, it was even more odd. Felt like the CEO was almost blaming the analyst for economic conditions. It was odd.
It was also the one part of the call that felt disingenuous. He said, "Well, nothing changed from February to March. It was the same from January to March. As a matter of fact, it was the same from December to the end of March. The inflation has taken over and it's caused a worry coming into the New Year."
If it was obvious since December, then why did you choose to expand and hire more people at exactly the wrong time? Seems like looking for scapegoats rather than being introspective. Deluded himself and doesn't want to admit it.