InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,477.90
(
0.16%
)
US TECH 100
19,198.00
(
-0.09%
)
Dow Jones
39,127.80
(
0.00%
)
Brent Oil
84.87
(
0.47%
)
Bitcoin
61,220.04
(
0.67%
)
Post# of 113936
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

larrybaz

Send PM Follow Ignore
Followers 78
Posts 3821
Boards Moderated 0
Alias Born 12/31/2004

larrybaz

Member Level

Re: None

Tuesday, 08/15/2023 1:19:16 PM

Tuesday, August 15, 2023 1:19:16 PM

Post# of 113936
SMID - To report a loss when they report. From the NT 10-Q:

Based on preliminary results, not reviewed by an independent registered public accounting firm, for the three and six months ended June 30, 2023, an increase in revenues over the comparable prior periods is expected to be reported. Due to higher cost of goods sold as a percentage of revenue and an increase in general and administrative expenses, a loss is expected to be reported for the three and six month periods ended June 30, 2023.

I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up