4 ms·
Sorry “break even” The company is projecting solid growth in the summer months, when it expects to break even, excluding capital expenditures.
by mikeryan 7y ago
Sorry “break even”
The company is projecting solid growth in the summer months, when it expects to break even, excluding capital expenditures.
- kgwgk 7y agoThanks, I missed that. It seems difficult to go from a $100mn loss to breakeven so quickly if the cost-cutting measures are like reducing staff by 5% but it’s not clear where that $100mn loss was coming from (includes a “one-time” write off) and it’s not clear what do they mean by break even either.