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Re: 31% drop in sales at wave

By: Cactus Flower in ALEA | Recommend this post (0)
Fri, 15 Mar 13 8:33 PM | 79 view(s)
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Msg. 12896 of 54959
(This msg. is a reply to 12894 by tkc)

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absolutely it is apples to apples.

gaap is a perfectly serviceable form of comparison. it measures revenues on an accrued basis.

if you want to compare billings, you are welcome. but you will struggle with safend.


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The above is a reply to the following message:
Re: 31% drop in sales at wave
By: tkc
in ALEA
Fri, 15 Mar 13 8:14 PM
Msg. 12894 of 54959

That's not an apples to apples comparison as Wave in 2011 had a chunks of rev that were recognized out of def rev -GM & BASF, 2012 had very little.


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