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Shift Technologies GAAP EPS of $1.25 beats by $5.79, revenue of $65.6M misses by $7.61M

Mar. 28, 2023 4:08 PM ETShift Technologies, Inc. (SFTGQ)By: Urvi Shah, SA News Editor1 Comment
  • Shift Technologies press release (NASDAQ:SFT): Q4 GAAP EPS of $1.25 beats by $5.79.
  • Revenue of $65.6M (-66.6% Y/Y) misses by $7.61M.
  • Gross profit per unit was $895; Adjusted gross profit per unit (“Adjusted GPU”) was $1,041.
  • Net income was $13.0 million or

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Comments (1)

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Zombie company. Never going to reach profitability. The only thing that can keep this going is perpetual stock sales. This is a Dotcom sort of stock. Why does it exist?


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