RE:RE:RE:GRN revenueCorrection from previous post:
"example 1) steady state backlog of 40 million but new orders crash to 1 million and so does revenue for 1 quarter. Notice that the next 4 quarters will show revenue of 13 mil$, but backlog stayed the same for each quarter."
should read:
example 1) steady state backlog of 40 million but new orders crash to 1 million and so does revenue for 1 quarter. Notice that the next 4 quarters will show less revenue, but backlog stayed the same for each quarter.