RE:RE:RE:RE:RE:Quarterly ReportI understand lumpiness, seasonality, product life cycle OR getting more specific, customer/supply chain issues, fx, pricing pressure, product mix..... That is how mgmt needs to explain.
In this instance I would be surprised to see a revenue shortfall unless channels were stuffed to the wazoo last quarter. I also wouldnt expect margin difficulties (cost up / price up) or any significant changes due to FX (in fact pick up for future q's due to weakening CDN$ as of late). There is potential tailwind from the recall. Right now most companies have received a GOLDEN ticket for price increases or surcharges (blame it on Covid....).
Revenue is the lifeblood of a business (bird in the hand). Product development is MAYBE future revenue (two birds in the bush)......