PaPaGriz
1 day ago
NASDAQ’S BOARD DIVERSITY RULE: WHAT COMPANIES SHOULD KNOW
Last Updated February 28, 2023
BOARD DIVERSITY RULE HIGHLIGHTS
Nasdaq’s Board Diversity Rule requires companies listed on Nasdaq’s U.S. exchange to:
• Publicly disclose board-level diversity statistics annually using a standardized template; and
• Have, or explain why they do not have, diverse directors.
The rule provides additional flexibility for Smaller Reporting Companies and Foreign Issuers, which can meet the
diversity objective by including two female directors, and for all companies with five or fewer directors, which
can meet the diversity objective by including one diverse director.
https://listingcenter.nasdaq.com/assets/Board%20Diversity%20Disclosure%20Five%20Things.pdf
https://www.nasdaq.com/board-diversity
Boiler_Master
2 days ago
Preliminary revenue estimates only, doesn't mean sales were actually down.
Estimated 27M in Apr & again in May. Same for June would be 81M for the quarter. If that was the case, they'd want to state lower for a margin of error regardless. They said 77M so ya that'd be 4M less in June but wanting the company to answer why sales decline 4M is not a legitimate question because again, it's just preliminary numbers. 77M should be taken as the "minimum" they expect to report. We also have to take elimination into consideration, cross company sales. Maybe they did 27M in all 3 months but are concerned they may have a few million in cross company sales that were initially, on a monthly preliminary basis, not accounted for yet.
In Q1 they said they did 50M preliminary and it was actually 51.4M when filed. Looking at monthly preliminary numbers, they said Jan 17M, Feb 16M, Mar 17M for 50M preliminary and actually did 1.4 million over that.
Point is, you can't read too much into monthly estimates. They're just an indicator of how things are going, not exact numbers yet. That's basically what preliminary means.
DRJ69
3 days ago
A 1% increase in price would equate to $2.9M in extra revenue if the base revenue was $290M. Does not sound like much, but maybe they are constricted at what they are currently pricing their products, do not know, but one would think based on revenue sales of $290M, a 1% increase would be insignificant to the buyers, put it another way, if a projected sale was $100K, a 1% increase would only be $1K, so my question is this, what is preventing them from such a minor increase in price? other competition?