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by antr 1183 days ago
1% change in revenue can result in a material deviation in net income and cash flow
1 comments

Revenue growth my dude
1% lowered revenue growth means 1% lowered totak revenue, dude.
It doesn't materially affect your point, but '1 [percentage point] lower revenue growth' means slightly-less-than-1% lower (as in lowered by slightly less than 1%) total revenue.

1% lowered revenue growth (which I know isn't what you meant) would mean slightly-less-than-0.01% lower total revenue.

1% lowered EXPECTED revenue GROWTH, dude.

So someone calculated this wrong or had unrealistic expectations and the employees will pay for it.

…1% less than what they thought. Not 1% less than any actual revenue theyve had.