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AI Stock Symbotic Plunged 36% on Wednesday Due to Accounting Errors. What Should Investors Do?

The Motley Fool

Symbotic's stock began trading in June 2022, after the Boston area-based company went public via a reverse merger with a special purpose acquisition company ( SPAC ). 18, while it was preparing its fiscal 2024 annual report filing on Form 10-K with the Securities and Exchange Commission (SEC). 28 for the company.

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Is Polestar Automotive Stock a Buy?

The Motley Fool

Securities and Exchange Commission. Being out of compliance means that a company is, for some reason, not living up to the exchange's expectations. The company explained that the decline was because of changes in the capitalization and amortization of this expense as it began selling a new model.

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Is Robinhood Stock a Buy?

The Motley Fool

Robinhood is bouncing back from a tough slowdown Robinhood initially carved out a niche among smaller retail investors with its commission-free trades, streamlined app, and gamification of the trading process. But in 2022, its number of funded customers only grew 1% to 23 million as its MAUs declined 34% to 11.4

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Why Shares of Sharecare Are Soaring on Wednesday

The Motley Fool

On Tuesday, Sharecare reported a Securities and Exchange Commission (SEC) filing from Oct. The company also said it expects yearly adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) to be between $25 million and $30 million, compared to $15.8 million in adjusted EBITDA in 2022.

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Warren Buffett Thinks Berkshire Hathaway's Earnings Figures Are "Worse Than Useless." So What Should Investors Focus On?

The Motley Fool

billion in 2022. The legendary investor specifically called attention to the big swings from 2021 (with net earnings of nearly $90 billion) to the loss posted in 2022 to the huge aforementioned profit in 2023. billion in 2022. Non-cash items such as depreciation and amortization can distort earnings. billion last year.

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SoundHound AI Stock Sinks 21% on Earnings Miss and Profitability Target Pushback, Halting Nvidia-Fueled Rally

The Motley Fool

The stock's decline is attributable to the quarter's revenue and earnings missing Wall Street's consensus estimates, along with the company pushing back the date at which it expects to achieve a positive result for adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ). million in the quarter. million $17.1

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Symbotic Stock Plunges 19% Despite Earnings Beating and Revenue Meeting Wall Street's Estimates

The Motley Fool

First quarter 2024 revenue grew nearly 80% compared to the same period a year ago and we posted our second quarter of positive adjusted EBITDA [earnings before interest, taxes, depreciation, and amortization]. As for adjusted EBITDA, it was $14.1 million in the year-ago period. That result was $13.3