Well, LSPD did not deliver this quarter. YoY Organic revenue growth, which is the main metric that I look at, given their opaque disclosure of impact of acquisitions, came to 58%. Not too bad you say but last quarter this number was 78%. They blame it on pandemic, hardware shortages and supply chain issues, many of the things that some on this board have cited as their reasons for concern. All other metrics are less than I hoped for.
What is most disappointing to me though is how this company discloses impact of acquisitions on their numbers. Perhaps it will come out in their 10k but given the size of the recent acquisitions, this should be much more clearly disclosed in their announcement. I’m out