RE:RE:RE:RE:RE:RE:RE:RE:P/ECiao wrote: hrgoyal wrote: In one of the presentation on YouTube, CEO told that Q2 sales were closed by May 15, earliest ever. So revenue for Q2 should be robust. Look for net profit and operating expenses.
Revenues are recognized when product is shipped. Closing sales by May 15 doesn't make sense unless they had no product to ship out. Are you sure about what you heard in the presentation.
It's here at the 26 min mark, it just states they are almost closing their order book to encourage customers to take product, else they will have to wait till Q3, this is after having one of their largest orders at 11K units in a day