Mixed set of results
Book to bull up but revenues down and profit negative after write downs which no one ever seems to know what they relate to every quarter.
Quarterly revenue of $4.5 billion
New bookings $5.3 billion and book-to bill ratio of 1.2x
Diluted EPS was $(0.81) and non-GAAP diluted EPS are $0.21
Cash flow from operations of $119 million and adjusted free cash flow of $(28) million
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Verbally Sal acknowledges the staff but will we mean it and will get a decent rise? Or is it jus for Sal and Saleh to get the millions?
"Finally, I am very proud of how our people have been delivering for our customers during COVID-19.”