3 ms·
As a public company you wouldn’t exaggerate it that way. An $8bn run rate means $2bn last quarter. We often look at annual numbers so reporting a run rate makes
by techslave 7y ago
As a public company you wouldn’t exaggerate it that way. An $8bn run rate means $2bn last quarter. We often look at annual numbers so reporting a run rate makes sense. It’s not meant as a deception.
Anyway run rate doesn’t project growth so if anything, it’s understating the numbers.
- antiviral 7y agoThat sounds great- congrats on the impressive growth last quarter. However, it would be more insightful if the earnings report made it clear that the revenue was actually $ 2 BB last quarter in addition to giving a 'run rate.' We would then be able to apply an apples-to-apples comparison with AWS, which made $8.4 BB last quarter, growing 37% from the quarter last year, with a 'steady-state run rate'(no growth) of $33B. That seems straightforward, don't you think? Giving partial info when compared to your peers will only encourage deeper scrutiny. As for the point about ARR in the other comment, it would be good to see how much of the revenue is due to pre-existing commitments vs. on-demand use, but you won't get that just by using a single 'run-rate' number.