SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Hummingbird Comm. (HUMC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: andrew who wrote (1514)4/15/1998 5:08:00 PM
From: Dr. J  Read Replies (2) of 2018
 
If they said the deal booked in March, then the license revenue will appear in the March quarter. Revenue recognition occurs when the software is shipped, or when the majority of acceptance criteria are met (for example, if there is an arbitrary 30 day Acceptance Period, then the revenue shouldn't be recognized until booking date + 30 days).

However, they could be using "booked" loosely to mean when the order was signed as opposed to when shipped or invoiced. In this case, it *shouldn't* show up in the March quarter.

Support revenue is recognized ratably over the support period, Consultancy revenue as services are performed. Both of these will appear after the March quarter.

Personally, I don't care whether it's this quarter or next - they clearly are already seeing some benefit from the integration of Andyne into the Hummingbird distribution channel.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News