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ContextLogic GAAP EPS of -$0.09 beats by $0.01, revenue of $289M misses by $20.82M

Mar. 01, 2022 4:14 PM ETContextLogic Inc. (WISH)By: Pranav Ghumatkar, SA News Editor3 Comments
  • ContextLogic press release (NASDAQ:WISH): Q4 GAAP EPS of -$0.09 beats by $0.01.
  • Revenue of $289M (-63.6% Y/Y) misses by $20.82M.
  • Shares -10.57%.
  • Adjusted EBITDA was a loss of $23 million, an improvement of 81% YoY. 

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Comments (3)

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I got burned on this and I deserved to get burned on this. Less than 0.5% of my portfolio but still feels bad.
6 months ago CEO said they needed 2 quarters to turn it around. Did he mean 3? The manipulation of their revenues last year seem even more obvious now.
damn, glan i got nowhere near this with a 60% decline in revenue
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