Bloomberg Businessweek Weekend - April 7th, 2023
Bloomberg Businessweek
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The Pros and Cons of a Short Seller
About 80 to 85% of our revenue comes from software subscriptions and 15 to 20 comes from consulting services. This person, this Short Seller alleges that we report to get your 99% profit margins off of our largest customer in the range of which is Baker Hughes. And he says because it's 99% margin, there must be something wrong with it. Well, he's subtracting apples from oranges to try to come up with some sort of nefarious act.
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