ContextLogic (WISH) Tops Q1 EPS by 5c, Revenues Miss

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Wish Reports First-Quarter 2022 Financial Results

May 5, 2022 4:05 PM EDT

SAN FRANCISCO, May 05, 2022 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter ended March 31, 2022.

First-Quarter Fiscal 2022 Financial Highlights

Revenues: Revenues were $189 million, a decrease of 76% YoY Core Marketplace revenues were $90 million, down 81% YoYProduct Boost revenues were $14 million, down 72%... More