What is your guesstimate for SAS 2023 revenue and why?
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3B, as usual!
I meant to say increase 1 site to 5 sites total from 4 sites.
Maybe growth somewhere around 8% because they did all the layoffs in 2023. :-)
The 20% growth of cloud can come from increasing 1 site to 5 sites. It's all on the definition of growth. :-)
Seriously, I hope SAS can be honest about their revenues and not gaslight employees.
They will announce growth somewhere around 8%. The question is 8% growth of what? It won’t be 8% growth over 3 billion. The 3 billion has included services for quite some time. They will also say something like a 20% growth in the cloud. The definition of cloud has always been a bit murky.
SAS’ publicly stated revenues have been ~$3B annually for the past ten years.
Via layoffs and attrition, SAS headcount has shrunk ~5% in each of the past three years.
To IPO (or sell), it’s not necessary to grow revenues. But it’s best not to shrink them, and it’s highly desirable to be profitable.
So until the IPO (or sale), I expect SAS to continue to make ~$3B annual revenue, and to continue to be profitable, and to reduce headcount as needed to make those numbers.
SAS is a private company and does not disclose their accounting books. You only know what they choose to tell you or the media. Are the numbers fudged so they don't look as bad? Who knows....but if the company continues to layoff then things aren't good.
Just more of the same - questionable values laced in corporate speak.