Milkcat
2021-08-13
Should I buy more to average down?
[Sad]
[Cry]
ContextLogic EPS misses by $0.04, misses on revenue
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[Sad] [Cry]","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/894858529","repostId":1108538845,"repostType":4,"repost":{"id":"1108538845","kind":"news","pubTimestamp":1628811085,"share":"https://www.laohu8.com/m/news/1108538845?lang=&edition=full","pubTime":"2021-08-13 07:31","market":"us","language":"en","title":"ContextLogic EPS misses by $0.04, misses on revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1108538845","media":"Seeking Alpha","summary":"ContextLogic Inc. reported Q2 revenue of $656 million versus the consensus estimate of $722.92 milli","content":"<ul>\n <li><a href=\"https://laohu8.com/S/WISH\">ContextLogic Inc.</a> reported Q2 revenue of $656 million versus the consensus estimate of $722.92 million.</li>\n <li>Adjusted EBITDA loss of $67M.</li>\n <li>Q2 GAAP EPS of -$0.18 misses by $0.04.</li>\n <li>Shares-7.4%.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/f6598963e6bfca62019411f938bafd5d\" tg-width=\"885\" tg-height=\"648\" width=\"100%\" height=\"auto\"></p>\n<ul>\n <li>“Wish has begun executing on initiatives designed to enhance the user experience and increase engagement on the Wish app following second-quarter results that did not meet our expectations,” said Wish Founder and CEO Piotr Szulczewski. “Our goal is to ensure that users love coming to Wish often for an entertaining shopping experience where they find unique products at affordable prices. 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