03-13-2019, 08:39 AM
Also two notes that they said during the CC.
-Their backlog tracker currently has them at 150M backlog to revs for 2019 if they continue 100% conversion rate. They went with 80% conversion rate for forward guidance numbers which is why we are only seeing 105-115M.
-They also stated that with IPAS combined their back log is now over 800M!
-Their backlog tracker currently has them at 150M backlog to revs for 2019 if they continue 100% conversion rate. They went with 80% conversion rate for forward guidance numbers which is why we are only seeing 105-115M.
-They also stated that with IPAS combined their back log is now over 800M!

