Is Disney the New King of Streaming? - Earnings Roundup
The Canadian Investor
00:00
Canadian Stocks - Freecastle Inc.
Nove reported its c two 20 22 earnngs last week. After they reported, the stock was really down. The total volume for payments increased 38 % to 30 billion. Gross margins were up a hundred and 50 basis point to 83%. But when you go down the line there, and you start looking at the cost of revenue, which includes obviously their selling, general and administrative expenses, those were up 52 %. Net income for the period was down ten % to 35 million.
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