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ContextLogic reports Q4 EPS (16c), consensus (18c)
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ContextLogic reports Q4 EPS (16c), consensus (18c)

Reports Q4 revenue $123M, consensus $152.02M. "Despite a dynamic and challenging macroeconomic environment, 2022 was a productive year for Wish as we continued the journey of transformation we initiated a year ago. While we are still in the early stages of the turnaround, I’m energized to see the tremendous progress across each of the foundational pillars," said Joe Yan, Wish CEO. "As we enter fiscal year 2023, there remains much work to be done to put us back on the path to profitability and sustainable growth. We intend to maintain a disciplined cash flow and a relentless focus on unit economics to retain a solid financial foundation that will allow us to effectively maximize the business opportunities ahead."

Published first on TheFly

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