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Net profit margin is down 21% and diluted EPS is down 10% though. Increased revenue with decreased profit/earnings would indicate a loss of efficiency. I imagin
by bumby 4y ago
Net profit margin is down 21% and diluted EPS is down 10% though. Increased revenue with decreased profit/earnings would indicate a loss of efficiency. I imagine layoffs are one signal to shareholders that they’re trying to get that efficiency back.