Earnings today were deemed by wall street as "good enough".
That may be true, and the stock may be up today, but Revenue dropped 58% to $302.6 million, from $724.6 million a year ago.
--> Since revenue has started declining, the stock is down.
Market estimates expect a decline in revenue in 2024 vs 2023, so unless the correlation changes, or unless the company announces expected increases in revenue, this is one I'd avoid.
That may be true, and the stock may be up today, but Revenue dropped 58% to $302.6 million, from $724.6 million a year ago.
--> Since revenue has started declining, the stock is down.
Market estimates expect a decline in revenue in 2024 vs 2023, so unless the correlation changes, or unless the company announces expected increases in revenue, this is one I'd avoid.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。