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Revenue and income mean different things. Revenue specifically means sales (sorta) and income is generally after cost of goods sold and other operating expenses
by Naga 10y ago
Revenue and income mean different things. Revenue specifically means sales (sorta) and income is generally after cost of goods sold and other operating expenses. These matter, though. A company can have high revenue and low profit, or vice versa. If you want to see their net income, you can look at their financial statements on SEDAR's website, or on Google or Yahoo finance.
The article is definitely poorly worded, but the words themselves are not the problem.