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It is for year over year comparability for anyone unfamiliar
by conductr 2y ago
It is for year over year comparability for anyone unfamiliar
- smcin 2y agoWell yes for a strictly non-consumer company, since their revenues don't depend on Superbowl, Valentine's Day, Easter, Memorial Day, Fourth of July, Amazon Prime Day, Labor Day, Thanksgiving/Cyber Monday, Christmas. They probably depend more on Fed rate cuts/rises affecting corporate infrastructure budget. ("Honey I got you that Cisco 4500 you always wanted...") Whereas for anything consumer e-commerce, you'd want a calendar with variable/sliding dates (e.g. SuperBowl) but that at least keeps the above events in the same quarter YoY, consistently.