this looks like a bad news announcement to me.
Needed to make $33 million of sales to pay off accrued expenses of around $9 million.
That means that it sounds like share of top-line sales is around 27%. I haven't followed this one closely of late. . . .but that sounds like it is below expectations??
On the flipside. . . . percentage may well have started off very low when sales were low but supporting a substantial fixed cost base. . . . and increased towards the end of the period.
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this looks like a bad news announcement to me.Needed to make $33...
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