- 4 billion in losses and was told lists have been sent with names to be cut? Anyone know anything
7 replies (most recent on top)
That's why the stock price went up!
Says the person who knows nothing about accounting. Almost all, $5.4b of the $5.8b, of that loss was the write off of goodwill from the balance sheet. Another $400m was restructuring costs. In other words, it means nothing as to the company's performance.
Revenue was up 10% and EBITDA was up $55m.
Chill out.
Cedar Park getting wacked again. Makes sense, lots of dead weight.
i work there too. I haven't heard anything. I hope not...
Brandt
What location are you at?
Sorry 5.4 billion. Typo