Agree. They basically lost 5m cash receipts a qtr over last 2 qtrs. They dont give ARR this time or retention rate. Now we know why they conducted such a big cost cutting.
They say that some cash receipts moved to next qtr but we should have received cash receipts of 2m from last qtr. How much in cash receipts was delayed this qtr? Its looking like they lost some big clients. WOnder if they where N3 clients.
Agree. They basically lost 5m cash receipts a qtr over last 2...
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