Post by
framloeg on Mar 31, 2021 6:01pm
A question
Okay, so they didn't hit the numbers(s) they were suppose to. The reason given is that they're in negotiations with a buyer for their telecom related patents where the shortfall occurred. The question(s) I have, is why would this restrict their income relative to this aspect of their revenue? Is it due to them being in the last stages of the agreement(due diligence)(sign offs)(cheque clearing) or something else entirely? Can someone explain this to me , as even though I'm in the process of selling a building, I still collect/record the rent until the deal closes . At the close, the income is pro rated to closing date. I understand it's a way different business but cannot understand why it restricts revenue. Even if it's forward driven, you would record revenue and then adjust after closing. Does this mean the deal is imminent or am I missing something????? Thanks in advance for any clarification.
Comment by
Braggs2 on Mar 31, 2021 7:47pm
Its an excuse for missing rev target Just like the sales team excuse a few periods ago Something is not right at blackberry. Financial gymnastics when reporting Excuses etc Yet the turn around is complete. How many quarters ago was that line? Tired of the bs
Comment by
Braggs2 on Mar 31, 2021 7:47pm
Its an excuse for missing rev target Just like the sales team excuse a few periods ago Something is not right at blackberry. Financial gymnastics when reporting Excuses etc Yet the turn around is complete. How many quarters ago was that line? Tired of the bs
Comment by
KBB161718192030 on Mar 31, 2021 8:49pm
This post has been removed in accordance with Community Policy
Comment by
blackberry on Apr 01, 2021 9:50am
lol Yes the resurrection of Blackberry. I love a happy ending. Cheers