data null;
put 'anything interesting happen?';
run;
8 replies (most recent on top)
@140 Yeah that is how net margin works…
It only worsens or improves based on operational efficiency.
@d9 "16% is pretty good, isn't it?"
Yes, it is. But put it together with the other important number: over the last decade, SAS has reduced headcount by ~20%.
This strongly suggests the company is reducing headcount just enough each year to maintain a decent profit margin. There is no reason to expect this to change.
Is that a new way of saying double digit growth?
16% is pretty good, isn't it?
ho-k
@ab so does that mean good bonus or city bonus?
16% net margin
This sounds like every Q4 update in the past 2 dozen years. If you took one from long ago that oozed buzzwords of "hadoop" and "big data" and just replaced that with "AI" you'd be all set.