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: Dr. J who wrote (1515)4/18/1998 11:31:00 AM
From: WTSherman  Read Replies (1) of 2018
 
I can't imagine that there is any way this order will be recognized as revenue for many months. First, the term "booked" is generally used to signify an order being received not being billed. It is only when the billing takes place that the revenues are recognized. If the deal was only inked in March then I would expect that on something this size the deployment will take from 6-12 months and the billing will occur in stages as the software is deployed and sevices peformed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext