That’s a novel way of saying good times are just around the corner/over the hill.
All those licences are fabulous except QonQ revenue is falling.
One explanation is a customer asked for a cut in fees charged. Hardly suggests robust pricing power.
You can do hopium, the HC special, until the cows come home (to that lush meadow just beyond the horizon) but at the moment the numbers tell the story.
Ann: December Quarter Results Presentation, page-37
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