This Company Forgot the Meaning of Revenue

In the following video, Brenton Flynn outlines a gaffe from health care company Volcano Corporation . In a recent press release, the company outlined revenue in a way that required a follow-up disclosure only minutes later. While the company is to be commended for quickly fixing its mistake, the oversight begs the question: Is management even reading these things before they go out?

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The article This Company Forgot the Meaning of Revenue originally appeared on Fool.com.

Brenton Flynn has no position in any stocks mentioned. The Motley Fool recommends Volcano. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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