Callouts & quotes from 584+ activist slides

""Total revenue of $115.9 million was up 220% year-over-year thanks to a combination of strong organic growth and the recent acquisitions of ShopKeep, Upserve and Vend, which added $50.5 million in revenue." — Q1 2022 Conf Call"

"“Sun Ip Go” – Recognizing Revenue on Sales of Unfinished Products. 15. Magnachip also improperly recognized revenue on “sales” of non-existent or unfinished products in order to meet revenue targets. — SEC Litigation Document"

"ARPU defined: “Average Revenue Per User” or “ARPU” represents the total software and payments revenue of the Company in the period divided by the number of unique customers of the Company in the period. — Company Disclosure"

""Lightspeed delivered revenue ahead of our previously established guidance and reached Software and Payments organic revenue growth of 47% year-over-year, accelerating from the 42% we saw last quarter." — Q3 2021 Conf Call"

"In a great, revealing interview with ADOMANI's CFO, Michael Menerey, by Seeking Alpha contributor The Street Sweeper published on August 29, 2017, Mr. Menerey confirmed that the company has not made any revenues for 2017."

"During our third and fourth quarter of fiscal '25, we expect modest revenues as the business is currently focused on site acquisition for next year's construction program. — Dycom Industries, Inc. (Q2'25 Conference Call)"

"“When we launched the first year we did probably a hundred thousand cases, so that could have been between $1 and $2 million of revenue for the first year, and quadrupled in the second year.” — Former Oatly U.S. Manager"

"We are very pleased with our market share growth and the prospects of strong future growth as revenues tied to our RAMs have increased 6x since 2018 and tripled in fiscal 2020 and from 2019. — Spartan Call May 13, 2021"

"“Yidatong reports net revenues associated to a portion that would be earned by them for their services, and not the gross amount that is being passed to the carriers on behalf of the developers like NQ” — NQ management"

"TAL FY2017 1Q earnings call, CFO Rong Luo, “In July of 2017, Shunshun’s CFO explained on the 2017 Q1 earnings call that Shunshun’s revenue recognition is delayed by ten to twelve months.” — TAL FY2017 1Q earnings call"

"For example, the financial impact of the revenue streams from SanReno JV was described potentially “very significant” in the 2022 JPM Healthcare conference (Jan 4 2022). — Chinook 2023 corporate presentation, Slide 25"

"Companies often collect cash 30-365 days before they recognize the revenue because they usually offer Monthly or Annual billing methods. As such, customers pay for a full-month or a full-year in advance. — Footnote 2"

"Revenue for the year was up 7% on an organic basis, benefiting from a solid 6% client growth and from the continued strong performance of our downmarket, PEO and multinational solutions. — Carlos Rodriguez (Q4 2017)"

"On the Q2'18 conference call, management said that Waterpik growth was still skewed towards domestic over international. Total domestic consumer revenue from acquisitions fell from $67.9m to $61.7m — CHD Financials"

""I would want to know revenue by merchant category node. If there is one thing I’d want to see is that. Because that would tell me what their portfolio mix really is, and how risky it really is." — Former Employee"

""Filed false and misleading financial statements." "Artificially inflated its revenue and gross margin recognition by fraudulently recognizing revenue on barter transactions..." — The North Face (SEC Filing Quote)"

"A strong fourth quarter capped another great year for Broadridge, with record closed sales, 16% recurring revenue growth, continued margin expansion, and 14% Adjusted EPS growth. — CEO Gokey, Q4 2022 Press Release"

"Financial results for 2021, included stellar growth of 300% in total video and CTV revenue (or 123% on a proforma basis), with the fast-growing subset of CTV up 205%. — PERI financial reports and conference calls"

""It's single digits, the amount of volume that goes back and forth on each side, the amount of revenue for ADI and P&S that is intercompany is in a single digit. So, it's a significant, but it's not huge." — CFO"

""The Company continues to benefit from increasing activity in the U.S. as Core’s land revenue in its Production Enhancement segment increased 32% on a sequential quarterly basis." — CLB Q1 2017 earnings release"

"The New Peer Group Index is a self-constructed peer group consisting of companies in the consumer products industry with comparable revenues and market capitalization — Prestige Consumer Healthcare Inc. Filings"

""The decrease in Other CCA revenue in 2019 was driven primarily by a $14.9 million decrease from contract manufactured heartworm preventive, Tri-Heart, as a result of reduced customer demand." — Heska 2019 10-K"

"The Company’s existing current backlog is projected to provide substantial coverage of forecasted revenue for one year from the date of the financial statement issuance. — Limbach 10-K/10-Q filings (FY23-FY24)"

"“The Company’s revenue was from 2 significant customers for the three months ended September 30, 2021 and from 3 significant customers for the nine months ended September 30, 2021.” — IonQ Q3 2021 10Q Filing"

"The Kent Island and Consolidated Mechanical transactions did not have a material impact on revenue for the year ended December 31, 2024 due to timing of when these entities were acquired. — Limbach FY24 10-K"

"Organic order intake reached a record high level of $15.12 billion for the year, resulting in backlog as at December 31, 2023, of $14.1 billion, representing 11.8 months of revenues,(1) up 8.2% in the year."

"It is a poorly kept secret in Silicon Valley that companies ranging from Google to Meta to Twitter to Uber could achieve similar levels of revenue with far fewer people. — Brad Gerstner (Altimeter Capital)"

"International now contributes 26% of our overall direct revenue. (Note: NOT POSSIBLE TO GET 69% REPORTED GROWTH: SEE YR END PRESENTATION AND CONFLICTS WITH 20% CITED ABOVE) — Yr End 2022 Call March 8, 2022"

"Only Post-Deal Revenue Disclosure: "SafeCharge contributed revenues of $55,853 and net income of $11,643 to the Company for the period from the acquisition date to December 31, 2019." — Nuvei Q3 2020 MD&A"

"We do not track ‘online dating’ channels on YY Live platform for all the time periods, which contributes to more than 20% of YY Live’s total live streaming revenue. — The Big One mobile app analytics data"

"One customer represented 13% of the Company's total revenues at December 31, 2023. No customer represented more than 10% of total contract receivables. — Financial Statements: Concentration of Credit Risk"

"After delivery of a product or performance of a service, if uncertainty exists about customer acceptance, revenue should not be recognized until acceptance occurs. — FN22 FASB ASC paragraph 985-605-25-21"

"SafeCharge and Smart2Pay have a higher relative cost of revenue than Nuvei's operation in the North American market due to costs associated with its merchant servicing model. — Nuvei 2020 Annual Report"

""Would you buy a company that wasn't transparent about their projected revenue? It's obviously a negative number or they'd be having a parade around it." — Former TASK Business Development professional"

"Towers: Owns ~40,000 wireless towers in the United States and provides critical shared infrastructure for wireless carriers; frequently considered the “best business ever” given the quality of revenue"

"Contributing to the increase (in software and payments) were higher payments revenue from continued adoption of Lightspeed Payments and payment referral fees earned through our partners. — Lightspeed"

"In contracts that contain prescription products issued as the result of a consultation, revenue also includes medical consultation services provided by Affiliated Medical Groups. — HIMS 10-K (2022)"

"We estimate the cumulative in situ value of Secondary Magnetic REOs at less than $0.60 per tonne; after factoring in aggressive recovery and payability ratios, REE *(revenue) would be <$0.25/tonne"

"We said to our investors, in return for the privilege of having slightly lower but stable margins, you should expect some very strong, industry-leading revenue growth. — Cognizant, September 2015"

"We experience seasonality in our business. Our revenues are typically lower during the holidays in China, particularly during the Chinese New Year, which occurs in the first quarter. — 20-F, WUBA"

"For the three months ended June 30, 2021, three customers accounted for 27%, 18% and 11% of revenue...four customers comprised 28%, 18%, 17% and 10% of accounts receivable. — Berkeley Lights 10Q"

"Net revenue for the New Age segment decreased by 13% from $11.6 million for the three months ended March 31, 2018 to $10.1 million for the three months ended March 31, 2019. — 2019 Q1 SEC filing"

"Ending Q1 2011, there were 33 Patches that had above $2,000 per month in revenue. Ending Q4 2011, there were 401 Patches above $2,000 per month in revenue. — Company's Chief Financial Officer"

""A barrage of embarrassing revelations followed....with respect to Revenue Ton Miles per employee, 'a telling snapshot of labour productivity', CN finished 'dead last'" — The Pig That Flew"

""I think Lightspeed's view was that they would generate a lot of payment revenue out of their e-commerce platform and it probably wasn't the case." — Former Employee >5yrs With Lightspeed"

"As of June 30, 2021, the Company had a deferred revenue balance of $11.9 million with Kalo, consisting of the non-cash consideration received. — Soaring Eagle Acquisition Corp prospectus"

"“Also, we’re a very successful integrator of accretive acquisitions over the years, all of which have contributed to our growth in revenue and profits.” — 2011 Investor Forum (2/10/11)"

"As intellectually dishonest as Analyst A’s projections appear, those of Analyst B and C seem more egregious, since they predict even higher revenues and commercialized products counts."

""Reporting revenue in the wrong period gives investors a distorted view of a company's financial condition" — Melissa Hodgman, Associate Director in the SEC's Division of Enforcement."

"Management touts that, taken together, its new products launched since 2015 have been wildly successful and a powerful driver of core revenue growth — Spruce Point Capital Management."

"The timing and scale of any such rebate may be difficult to predict and may cause fluctuations in our quarterly and annual revenues, gross profit and operating profit. — Kornit 20-F"

"We reported record revenue for both the quarter and the fiscal year, as well as a gross margin of more than 40% for the quarter and 39% for the year — Jim Thorburn, CFO of Twist."

"We sell access to a quantum computer with 11 qubits...; We are still in the early stages of generating revenue with our 11-qubit quantum computer. — IonQ Prospectus Oct 22, 2021"

"CFO Rong Luo explained on multiple occasions that a unique aspect of Shunshun’s model is that revenue recognition can take up a full year, or longer. — TAL FY17 Q1 earnings call"

"So we have pricing power, we're continuing to expand geographically, and that will allow our revenue to grow and our business to scale over time. — CFO, Q1 2022 Earnings Call"

"“20% of our revenue comes from deepwater […] It’s the most profitable revenue stream that we have. So, deepwater will be the key as we go forward.” — David Demshur, May 2013"

"Cloud revenue primarily consists of SaaS and managed services revenue recognized over time and term-based licenses, which are recognized at a point in time. — VRNT FY19 10-K"

"“I think a good way for you to think about it is $1 of [new] revenue costs us about $1 of sales [and] implementation expense.” — Gary Butler, ADP Former CEO (February 2009)"

"Growth-oriented investors have become increasingly frustrated with the evasive revenue growth reacceleration and the additional pressure on margins. — J.P. Morgan 10/6/2010"

"On the 2016 Q2 earnings call, Rong Luo advised that GZ 1-1’s quarterly revenues as of August 2015 were approximately $2.5 million. — FY2016 Q2 earnings call, CFO Rong Luo"