What does MM in regards to revenue mean?

[gopunk]

 

[gopunk]

bump

 

[luv2chill]

Multi-Million? I have no idea. Can you provide any more information? Like what context/sentence it was used in?

l2c

 

[gopunk]

Revenue: $150 MM

 

[divinemartyr]

MM represents millions of dollars. If you see Revenue ($MM) and you see 351 below that, the company earned $351,000,000 last year.

dm

 

[gopunk]

ah i see. thanks

kind of confusing how MM stands for millions....

 

[Mill]

divinemarytr is right on.

I found it here.

 

[divinemartyr]

M denotes thousand in roman numerals. When you put 2 letters next to each other in algebra is means to multiply them.

Therefore:

MM = 1000 x 1000 = 1,000,000

dm

 

[gopunk]

ah it all makes sense now. thanks

 

[FoBoT]

those crazy romans!!!

 

[ohtwell]

Originally posted by: divinemartyr
M denotes thousand in roman numerals. When you put 2 letters next to each other in algebra is means to multiply them.

Therefore:

MM = 1000 x 1000 = 1,000,000

dm

MM in roman numerals stands for 2,000.

M with a bar over the top over it would be 1,000 x 1,000.





: ) Amanda

 

[glenn1]

those crazy romans!!!

Nope, it's those crazy accountants, the same ones who abbreviate "debit" as "DR"