RE:RE:RE:RE:2Qrt and Patent filing(1) Some sales can't easily be made smooth. If you're selling toilet paper to business, that's smooth because it is a high-frequency, non-seasonal sale. If you're selling network equipment, that will never be smooth because it is a low-frequency sale with a seasonal component (see #2). If you're selling network software, that has potential to be smoothed because licencing and support can purposefully be arranged to be paid quarterly.
(2) The businesses to which you're selling have their own fiscal years and their own patterns of seasonal lumpiness in how CapEx is distributed throughout the year. SVC can't easily change this.
I wouldn't count on lumpiness changing much. My view is that SVC investors should simply understand and accept the nature of a large portion of the sales: spiky, low-frequency, and tied to customers' fiscal seasonality.
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THRK wrote: If you recall, there were reports in the past that suggested lumpiness in their orders that made revenue less consistent and forecasting difficult leading to swings in revenue between qtrs. This drives analysts crazy. Hopefully this report is suggesting that may be coming to en end and there will be more consistency and predictability in their future revenue. Larger companies with multiple revenue streams report far fewer surprise qtrs making it much easier for analysts to make recommendations on their future results and one thing that institutional investors like, in the buy and hold component of their portfolios, is reliability.