3 ms·

Title is a bit misleading... 'The Guardian has halved its operating losses compared to two years ago, now looking at breaking even by 2019.'

• RichieAHB 9y ago
  That sounds like the definition of "path to profit" to me.
  • peoplewindow 9y ago
    If "still losing money after years of losses, might break even in a couple of years or might not" can be defined as on the "path to profit", can any company not be described that way? Does the phrase mean anything?
    • kgwgk 9y ago
      It means that while earnings are negative (i.e. no profits yet), the first derivative is positive (i.e. it will reach profitability if the trend continues, it is on the path to profits).
    • salvar 9y ago
      No, not all companies can be described that way.
  • dazc 9y ago
    It may be, may be not? I was just expecting an explanation of how they had become profitable so, for me, the title was a bit misleading.
    • pwinnski 9y ago
      Then you misread the title, unfortunately.
      • dazc 9y ago
        Maybe I should have just ignored it?