gross margin was also off. 45% versus 48% of the prospectus. 3% is huge miss
because of these issues, i believe needs a lot of explanation- perhaps procurement synergies havent been captured in the actuals and were assumed to start from the beginning in the prospectus, this could explain it.
maybe those 3% gross margin will be captured in fy17. the proforma numbers in prospectus assumed start of period F16 - in the proforma assumptions you can see it clearly, but actual fact it cant do it in f16 as they just are integrating those businesses.
gross margin was also off. 45% versus 48% of the prospectus. 3%...
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