3 ms·
Also: "Operating cash flow less capex should be positive in every quarter including Q2. As the impact of higher deliveries and cost reduction take full effect,
by goshx 7y ago
Also:
"Operating cash flow less capex should be positive in every quarter including Q2. As the impact of higher deliveries and cost reduction
take full effect, we expect to return to profitability in Q3 and significantly reduce our loss in Q2."
- cjhopman 7y agoAlso: "Not by a lot, but I am optimistic about being profitable in Q1 and all quarters going forward."
- cjhopman 7y agoNote that that quote was already almost 1 month into the Q1 where they lost nearly $1 billion.
- 6d6b73 7y agoPaying debt is not loss. They never had that money they just borrowed it
- stetrain 7y agoYeah, but the 700m net loss does not include the 920m debt payment.
- jsight 7y agoYeah, they also affirmed guidance of similar S and X sales to Q4 at the same time. By that point, they should have had a pretty good idea that those would drop. There is a real credibility problem here.