ST Alpha - "this stat cannot be right. I know they make money. But they are not pulling in 1.6 billion profit every three months. -- nm" (Reading a Post)

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In response to "$1.6B is 1/4th of their revnue for a 3-month period -- (edited)" by decline

this stat cannot be right. I know they make money. But they are not pulling in 1.6 billion profit every three months. -- nm

Posted by Jovian (aka Jovian) Apr 19 '23, 07:22

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Responses:

oops, you're right. That's revenue - not profit -- nm - decline Apr 19, 07:23
they make $100 million a year profit at best, if I had to guess. -- nm - Jovian Apr 19, 07:23 2
- this is low though. Net income for the 3 month ending 12/31 was $321M -- (link) - decline Apr 19, 07:28 1
  - yikes. So it still amounts to little under a one year profit penalty. :( - Jovian Apr 19, 07:41

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