"IKE experiences some seasonality, with engineering activity impacted in Q3 because of winter storm events in North America. "
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"IKE experiences some seasonality, with engineering activity impacted in Q3 because of winter storm events in North America. "
Ouch, wonder what the impact of seasons has on the revenue recognition.
SP up 6% market likes it!!
Great open. I sold some. Just to take a bit of profit off the table.
IKE burned through about $5m in cash during the quarter.
If you look at the customer growth its snail pace. They now have about 10% of the market (they have 365 customer and say there is >3,200 utilities)
Anyways, overall another good update. And i expect Q4 to be an absolute boomer!