Post by
Toppert1 on Nov 20, 2024 10:49pm
I don't have a beet skier
I just don't like this company's reporting.
Remember when the company reported Q3 2022 revenues of $5.7 million and backlog of $26 million?
I found that very strange.
The company had reported Q2 revenues of 5.84 million, and backlog of $35.3 million.
I wondered out loud at the time how Q3 revenues were $5.7 million, and yet backlog dropped $9.3 million during the quarter.
My conclusion here on this board was that orders had been canceled.
I could see no other explanation.
Nobody here addressed my concern, and management certainly didn't explain it in their comments.
I'm still at a loss to figure out that one, as well as several other issues.
I have a good memory.