What I will posit as an overall critique on their communication is their lack of clear communication on their Mobility division, which brought in more than half of the revenue last quarter. From reading the reports, it seems as though the Mobility revenue in the June quarter was driven by contract renewals. Now, I'm not sure if this means that the Sept quarter would see a decline in Mobility revenues, as I'm not sure if the contract renewal revenues are all recognized in 1 quarter, or spread across multiple quarters. My guess is the former, unfortunately.
Would be helpful if the board could outline the nature of the Mobility contracts so that shareholders are not caught by surprise.
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