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Ann: Accelerated ARR growth and another record Q1 cash receipts, page-23

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badkerning

168 Posts.

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27/10/20

12:55

Post #: 48418623
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Originally posted by Simonmobile: ↑

I have to respectfully disagree with this.

Constant currency, give's as much insight into the future as does currency adjusted reporting. Unfortunately, you can't predict the future currency rates.

CC gives a baseline that actual performance can be compared again. It's that performance that influences in the share-price. Performance v guidance & YOY growth compared to cash receipts at this stage

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Agreed. Microsoft uses constant currency for reporting. So do many other global companies dealing with FX.

LVT Price at posting: 25.0¢ Sentiment: Buy Disclosure: Held
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