Keep missing those earnings projections fellas! Making shareholders proud! Al will only get a $16M bonus if he keeps underdelivering like this.
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Even with the current head person, once the fish smell left, the positions were filled with clones and the real cancers of the accounting department are still cranking out the numbers. Cuts were deep with one department ridding themselves of almost all of the CPA’s on staff. Getting an answer from a dinosaur who is overly paranoid will be fun to watch. Better technical accounting talent would not hurt as the operating model is very complex
I am confused on the numbers. If we exclude some non typical items the profits look low. If we add these 249MM then looks aligned with expectations. How one should read this? Any accounting insights?