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Jack’s Magic Coffee Shop Reports 2nd Quarter Financials, Net Operating Loss of $128 Million
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Posted On: April 28, 2022
Jack’s magic coffee shop posted their latest financial results today. As suspected, the social media company Twitter said revenue for the first quarter totaled $1.2 billion (+16%). However, costs and expenses totaled $1.33 billion (+35%), resulting in an operating loss of $128 million. (link) Another unsustainable result for a company that doesn’t make a profit […]
The post Jack’s Magic Coffee Shop Reports 2nd Quarter Financials, Net Operating Loss of $128 Million appeared first on The Last Refuge.
Re Posted From: Jack’s Magic Coffee Shop Reports 2nd Quarter Financials, Net Operating Loss of $128 Million
[BACK]
[BACK]Posted On: April 28, 2022
Jack’s magic coffee shop posted their latest financial results today. As suspected, the social media company Twitter said revenue for the first quarter totaled $1.2 billion (+16%). However, costs and expenses totaled $1.33 billion (+35%), resulting in an operating loss of $128 million. (link) Another unsustainable result for a company that doesn’t make a profit […]
The post Jack’s Magic Coffee Shop Reports 2nd Quarter Financials, Net Operating Loss of $128 Million appeared first on The Last Refuge.
Re Posted From: Jack’s Magic Coffee Shop Reports 2nd Quarter Financials, Net Operating Loss of $128 Million