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Dictionary by pitch.dog
Earnings releases, calls & guidance · Core

Bookings

Also called: gross bookings, orders booked

ELI5

Contracted customer commitments recorded under a company's defined method.

Used in conversation

“The reader should be able to distinguish bookings from management’s interpretation of it.”

Pitch context

You will see “Bookings” in annual reports, earnings decks, filings and investor presentations when the discussion reaches earnings releases, calls & guidance.

Why it matters: In earnings releases, calls & guidance, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Connected terms

  • RevenueRevenue is recognised under an accounting policy; bookings usually record contracted commercial value and are company-defined.
  • BillingsBookings describe contracted value; billings describe amounts invoiced during a period.
  • BacklogBookings record contracted commercial value under a company definition; backlog is the unfulfilled portion of contracted or ordered work awaiting delivery or recognition.
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Sources & evidence · 6

Direct term-level sources and supporting source families.