We believe that the 60-month backlog provides additional visibility into the long-term, recurring nature of our business.
Quotes about backlog (16 Quotes)
We view the terminations of CBI's CEO and COO as near-term setbacks, but do not believe that CBI's story is broken on a longer term and more fundamental level. CBI's fundamentals remain very strong, in terms of cash balance, ability to generate positive free cash flow, backlog, and pipeline of prospective awards, which we believe will weather and outlast any near-term setbacks that investors are likely to attach to the managerial changes. We firmly believe that CBI will regain lost ground on the back of its strong fundamentals, as has been in the case in the past.
I think there is a bit of a concern out there regarding the health of their advertising and e-commerce revenues and some concern regarding the backlog. I think it's possible that they could miss the (ad and e-commerce) number.
The retail slowdown has continued in the first half of 1998 and has resulted in higher retail cancellations and returns, ... We believe that in the current environment many retailers are being more conservative in their future purchases, leaving more open-to-buy dollars available for at-once business. This situation, in combination with the unusually low at-once business in last year's second half, creates the potential for our performance to be better than our backlog trend indicates.
This takes the Motorola automotive electronics people and assets and a significant backlog of orders and ... overnight makes this business a category leader. So we saw it as a much better strategic fit for both firms.
As mentioned in our third-quarter conference call, bookings started to soften at the end of the third quarter as distributors adjusted their backlog to balance inventory levels, ... Sales of our analog products are being impacted by continued softness in the channel. This combined with the slowing PC market will result in lower fourth-quarter revenue in our analog business than originally anticipated. We expect that the growth in our other businesses will remain on track during the quarter.
The company beat our revenue expectation by 33 million, which is a huge upside surprise. All the financial metrics were extremely solid. Their balance sheet was spotless, and deferred revenue rose to 84.6 million from 46.7 million in the previous quarter, which shows that their backlog continues to strengthen.
The backlog is the highest in years and this increase in bookings and demand is driving improved business fundamentals.
Things come to me pretty regularly. There is never a shortage or a backlog.
This backlog affects not just the ability to identify and convict the guilty, but it also affects our ability to identify the innocent.
We have made excellent progress in the structural steel business since we began shipping wide-flange beams in 2002. Recent strength in non-residential construction has led to a record order backlog at Columbia City and has resulted in current production and shipping rates of nearly one million tons per year.
Internationally, our business improved as compared with the prior year as a result of our business re-engineering efforts and improving economics in much of Asia Pacific. In Europe, we experienced market share gains in several countries and are pleased that for the sixth consecutive quarter we reported growth in our backlog on a local currency basis when compared to the prior year. During 1999 we took steps to reduce our operating costs by simplifying many business processes and focusing our efforts on fewer activities.
This is no fire sale. There's a great backlog (of business), the workers are there and you have the building. It's worth more as a package than it is as pieces. ... There is no question that it is a viable business.
I write a good amount. I've been gathering up a backlog of stuff and maybe I'll do something with it someday, but I don't want to talk about it just yet because that would jinx it.
Airbus had a splendid year in 1999 in achieving record new airplane orders, no doubt about it, ... At the same time, you have to remember that Boeing has an incredibly strong backlog of business -- nearly 1,500 airplanes. They should be able to the deliver the majority of new airplanes in the future.
CRP has a good earning capacity, and it is our ambition to improve it further. Its order backlog for 2006 is at a good level and we believe the market will be strong over the next few years. However, it is important to remember that this business are almost entirely project-related, which entails great variation in order bookings and consequently also in invoicing between different quarters.