@CarlosGAh yeah, I do recall that now. Even still, I think they...

@CarlosG
Ah yeah, I do recall that now. Even still, I think they would need to hit $250-300M for Q1 though. The final quarter for last year would have been around $300M had their not been the write-downs.

I expect it would follow a similar pattern as FY21, where Q2 grew over Q1 (which was probably aided by things like 11/11 and their initial stuffing of inventory into the CBEC channels, which later backfired).

So perhaps in August they were projecting something like $275M for Q1 then $325M for Q2 - that would place their forecast 1H22 revenue around $600M, which is enough of a drop from 1H22 for them to flag this ahead of time. If Q1 revenue were any higher than $300M, I think it would be a good sign they might be doing better than expected, whereas if it were much lower than $250M, I would be a bit concerned that it is going worse than expected. Just IMO, and of course we may not hear anything about it, though I agree that we should be hearing it.