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In addition to net profit, two common metrics used to assess a company's core strengths and weaknesses are gross profit and earnings before interest, taxes, depreciation, and amortization (EBITDA).
The company said it continues to improve its strategic sales mix and operational streamlining, thus driving increased gross profit. Net loss attributable to the company decreased to $2.54 million ...
Porch Group, Inc.'s shift to a fee-based insurance model has driven record profitability, improved margins, and reduced ...
Rivian has met the requirement for an investment of one billion US dollars from Volkswagen by achieving a profit target. The US company achieved a gross profit for the second quarter in a row.
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Rivian said in its earnings report Tuesday it will likely deliver fewer vehicles this year than previously forecasted due to ...
"This quarter we hit our second consecutive gross profit and our highest gross profit to date at $206 million," CEO RJ Scaringe said in a statement. "We have continued to make significant progress ...