The next part talked about how the non digital rev
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Posted On: 05/08/2020 4:29:55 PM
Re: Willyw0nka #19500
The next part talked about how the non digital revenue falls off in the Summer and impacts Q3 numbers. How much of it they did in Q4 & Q1 we shall see. Not an important part of the business regardless.
Theodore Rudd O’Neill - Litchfield Hills Research, LLC
"Is there a seasonal component to that business?"
Rory J. Cutaia
"Indeed, there is. Yes, interesting that you asked. In the summer, it kind of drops off. And sure enough, we experienced that in the third quarter. So, whether we see it pick up again in the fourth quarter or first of 2020 and thereafter, it’s hard to say. We will see revenue from that nonrecurring side. I don’t know where it is. Again, I don’t want people to be focused on that because that’s really not our business. That’s an accommodation that we’re making to companies that are important to us, that we value their relationship and we want to be able to service them."
Theodore Rudd O’Neill - Litchfield Hills Research, LLC
"Is there a seasonal component to that business?"
Rory J. Cutaia
"Indeed, there is. Yes, interesting that you asked. In the summer, it kind of drops off. And sure enough, we experienced that in the third quarter. So, whether we see it pick up again in the fourth quarter or first of 2020 and thereafter, it’s hard to say. We will see revenue from that nonrecurring side. I don’t know where it is. Again, I don’t want people to be focused on that because that’s really not our business. That’s an accommodation that we’re making to companies that are important to us, that we value their relationship and we want to be able to service them."
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(1)Verb Technology Company, Inc (VERB) Stock Research Links
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