100% agree! This is such a bad announcement to make and it is evident in the fact they had to add 10 contracts to make up the $10M, just to say it does not significantly alter anything. So without these 6 contracts they would have missed their forecast by? The fact that a lot if it is already delivered means it was not heavily weighted to long term services contracts, but mostly hardware or software at low margins.
CNW Price at posting:
2.1¢ Sentiment: None Disclosure: Not Held