RE:RE:RE:RE:RE:RE:RE:RE:There's too much emphasis on the quarter....@HamRoveJr
Funny you should bring that up.
One of the things that strikes me is that Avigilon's definition of normal seems to be outside the standard definition and much better than what is expected from other companies in the industry.
I just posted this on Seeking Alpha in response to a couple of comment from someone there who seemed to be saying they don't perceive Avigilon communicares enough between quarterly. IMO, it's all a question of perspective.
Those are odd statements.
What do you expect? Daily updates? What public company does that?
Sales and revenue are growing at a steady clip, above industry average expected growth rates. Enterprise revenue accounted for 27% of sales in the latest quarterly report, above the company's own stated target, and probably the industry average, of 20%, accounting for 25.7M CAD of the 95.1M CAD in total revenue.
Using the company's definition of Enterprise sales, or any contract worth more than 250K CAD, this implies up 108 Enterprise level deals over the most recent quarter, or slightly more than one per calendar day.
They also reported no single customer accounting for more than 3.5% of total sales, or 3.3M CAD during the quarter.
Although this all make for good numbers in the aggregate, none of these deals qualify as material according to most people's definition, which is typically somewhere between 5% and 10% of revenue, and basically means they all fell into the business as usual category and don't warrant or require a play by play and or color commentary about them.
If the company was to do that, they would be issuing updates on up to 2 deals per business day, and although that could be interesting for the first couple of days, most people would quickly become bored with them and wonder why the overkill.
Given all of this, it seems your reporting expectations are unrealistic, unless I'm missing something about your meaning.