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Except for the fact that their (non-GAAP) operating income fell 3% (YOY). Falling profit on rising revenue is a red flag, no?
by MaysonL 13y ago
Except for the fact that their (non-GAAP) operating income fell 3% (YOY). Falling profit on rising revenue is a red flag, no?
- barista 13y agoNot an accounting major so a genuine question: Why is non-GAAP operating income a better indicator than net profits?
- HelloMcFly 13y agoFalling profit on rising revenue indicates shrinking margins, which should be an outcome of a capitalist marketplace.