"6/30/18-results...not indicative of-results expec
Post# of 82672
They are not expecting the 6/30/18 results to be what the 12/31/18 results will be. WHy is that, because Law Suits should be settled, PCI will be paying and so will ACs's accounts Department of Defense and other McAfee partnered jobs.
They have high expectations for amazing revenues Mark has said it in the past.
A modest 2nd Qtr was expected , not anymore, These are all amazingly big entities. PCI has to be implemented and ACS is working 24/7 getting it finished
DOD has to protect the Phones the emails its a matter of national security.
Ropes and Grey has never lost and are on the verge of their biggest payday of any client as they have 1000's of infringers. They will be quickly bringing to justice making them pay the damages and lic fees!
Looks like there will be more mergers and acquisitions Like Thayles , Core Security and Singtel and Cisco in the cyber security world. A big consolidation taking pace as infringers sell as they cannot pay the damages for the crimes they committed.
I am looking for a rebound as some sellers realize they sold into fear and want to get back in.
This is from the 2Q QTR June 30,2018
Quote:
PART I
ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AND NOTES TO INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
General
. . . In the opinion of management, all adjustments considered necessary for a fair presentation of the results of operations and financial position have been included and all such adjustments are of a normal recurring nature.
Operating results for the three and six months ended June 30, 2018 are not necessarily indicative of the results that can be expected for the year ending December 31, 2018.