2023-08-03 16:23:45 ET
- ContextLogic press release ( NASDAQ: WISH ): Q2 GAAP EPS of -$3.38 beats by $0.19 .
- Revenue of $78M (-41.8% Y/Y) misses by $16.25M .
- Adjusted EBITDA was a loss of $66 million, compared to a loss of $58 million in the second quarter of 2022.
- Q3 Outlook: Revenue: Revenue is expected to be in the range of $55 million to $65 million.
- Adjusted EBITDA: Adjusted EBITDA is expected to be a loss in the range of $55 million to $65 million.
- Shares -12.41% .
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ContextLogic GAAP EPS of -$3.38 beats by $0.19, revenue of $78M misses by $16.25M