InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.70
(
-0.11%
)
Bitcoin
64,948.33
(
-0.29%
)
Post# of 113827
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

larrybaz

Send PM Follow Ignore
Followers 78
Posts 3820
Boards Moderated 0
Alias Born 12/31/2004

larrybaz

Member Level

Re: hweb2 post# 110751

Tuesday, 02/13/2024 12:07:29 PM

Tuesday, February 13, 2024 12:07:29 PM

Post# of 113827
Hweb - I guess it makes perfect sense in the wonderful world of accounting. Constant currency reporting is a non-gaap thing. Truthfully, a bit confusing to me.

So from what I read, I take it that the constant currency number for this quarter was calculated using the currency exchange rate from the prior year's quarter. Exchange rates are always going to be changing, so I don't really know how much attention we should pay to the constant currency number. Apparently the market is looking at the guidance and pretty much ignoring the constant currency number.

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
Keep Last Read Next 10 Report Keyboard Shortcuts
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