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Still, if Los Angeles continues to dominate, win championships, and generate revenue, its deferred payment strategy could be a forward-thinking masterstroke rather than a financial disaster.

Cofounder and CEO Byju Raveendran said that around 40% of the revenue collected in FY21 got deferred to future fiscal years The deferred revenue seems to have a deep impact on its numbers and BYJU ...

The company repurchased $123.8 million of stock during Q4. Deferred revenue increased by $280 million sequentially to $2.79 billion, driven by customer-specific acceptance clauses and increased ...