Private companies are not required to report on revenues, but NeXT has routinely done so since 1991. The decision to reverse that policy came after NeXT delayed disclosing second-quarter results for several months. Sources said that the Q2 numbers were lower than expected due to a sharp decline in European sales.
NeXT still expects to make a public offering of its stock sometime during 1993. It will then be required to make quarterly and annual reports of its sales and profitability.
Ð Dan Ruby