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"What's appealing is the visibility of their future revenues thanks to a backlog of service agreements," says Davenport.
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The company signed $10.2 billion in services contracts during the quarter, and concluded the quarter with a backlog of services contracts that totaled $87 billion.
The backlog of services contracts at the end of the third quarter was $110 billion, or about $8 billion less than at the end of second quarter of 2004.
GEs environment has improved and we saw some encouraging signs at year-end, said CEO Jeffrey R. Immelt Jeffrey R. Immelt, highlighting growth in infrastructure orders and a growing backlog of equipment, services and healthcare business orders.
Ms. Brown warned that tighter rules could add to the backlog of the immigration service as visitors seek visa extensions.
It said the lost contract would be reflected in the company's backlog of information technology services, to be disclosed next month when I.B.M. announces its third-quarter results.
Missed call: Frontier Communications said that by this week it should resolve the backlog of phone and Internet service problems that cropped up during the company's tumultuous takeover of Verizon FiOS service.
Other factors contributed to the missteps, including inheriting a backlog of 20,000 unresolved customer service requests from Verizon.
Revenue visibility into future quarters is fairly high given that we operate under a subscription pricing model with a backlog of consulting and implementation services.
And there are an estimated backlog of 200,000 orders for new installations of service, which Verizon hopes to clear up in about a month.
The strike created a backlog of roughly and 200,000 new service orders.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com