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ContextLogic (WISH) Set to Announce Quarterly Earnings on Wednesday

ContextLogic (NASDAQ:WISH - Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 8th. Individual that are interested in participating in the company's earnings conference call can do so using this link.

ContextLogic (NASDAQ:WISH - Get Free Report) last released its quarterly earnings results on Monday, March 4th. The company reported ($2.82) EPS for the quarter. ContextLogic had a negative net margin of 113.62% and a negative return on equity of 102.51%. The business had revenue of $53.00 million during the quarter.

ContextLogic Trading Up 1.4 %

WISH stock traded up $0.08 on Wednesday, hitting $5.63. The company's stock had a trading volume of 635,602 shares, compared to its average volume of 992,730. The firm has a 50 day moving average of $5.88 and a two-hundred day moving average of $5.32. ContextLogic has a 1 year low of $3.55 and a 1 year high of $9.90. The stock has a market cap of $137.37 million, a price-to-earnings ratio of -0.42 and a beta of 2.18.

Insiders Place Their Bets

In other ContextLogic news, SVP Brett Just sold 7,999 shares of the company's stock in a transaction on Tuesday, March 12th. The shares were sold at an average price of $6.31, for a total transaction of $50,473.69. Following the completion of the transaction, the senior vice president now owns 6,859 shares in the company, valued at approximately $43,280.29. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.20% of the stock is owned by insiders.


ContextLogic Company Profile

(Get Free Report)

ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc was incorporated in 2010 and is headquartered in San Francisco, California.

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Earnings History for ContextLogic (NASDAQ:WISH)

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