ContextLogic Inc. Reports First-Quarter 2024 Financial Results [Yahoo! Finance]
ContextLogic Inc. - Class A (WISH)
NASDAQ:AMEX Investor Relations:
wrightinvestorsservice.com/investor-relations
Company Research
Source: Yahoo! Finance
Introductory Note Prior to the April 19, 2024 closing of the Asset Sale described below, ContextLogic owned and operated the Wish platform, a mobile ecommerce platform. As a result of the Asset Sale, ContextLogic no longer owns the Wish platform or any of the related operating assets. Since the Asset Sale was not completed until after the end of the first quarter, the financial results described below do not reflect the impact of the Asset Sale or our post-closing operations. First-Quarter 2024 Financial Highlights Revenues : Revenues were $36 million, a decrease of 63% YoY Core Marketplace revenues were $11 million, down 61% YoY Product Boost revenues were $3 million, down 63% YoY Logistics revenues were $22 million, down 63% YoY Net Loss : Net Loss was $59 million, compared to a net loss of $89 million in the first quarter of fiscal 2023 Net Loss per share was $2.43, compared to a loss of $3.83 per share in the first quarter of fiscal 2023 As of March 31, 2024, we
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News
- ContextLogic Announces Ticker Symbol Will Change to LOGC on May 13, 2024 [Yahoo! Finance]Yahoo! Finance
- ContextLogic Announces Ticker Symbol Will Change to LOGC on May 13, 2024GlobeNewswire
- ContextLogic Inc. Reports First-Quarter 2024 Financial ResultsGlobeNewswire
- ContextLogic to Announce First Quarter 2024 Results on May 8, 2024 [Yahoo! Finance]Yahoo! Finance
- ContextLogic to Announce First Quarter 2024 Results on May 8, 2024GlobeNewswire
WISH
Earnings
- 8/3/23 - Beat
WISH
Sec Filings
- 5/9/24 - Form ARS
- 5/9/24 - Form DEFA14A
- 5/9/24 - Form DEF
- WISH's page on the SEC website