ContextLogic (WISH) Tops Q2 EPS by 3c
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Wish Reports Second-Quarter 2022 Financial Results
August 9, 2022 4:05 PM EDTSAN FRANCISCO--(BUSINESS WIRE)-- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter ended June 30, 2022.
Second-Quarter Fiscal 2022 Financial Highlights
Revenues: Revenues were $134 million, a decrease of 80% YoY Core Marketplace revenues were $54 million, down 86% YoY Product Boost revenues were $11 million, down 78% YoY Logistics revenues were $69 million, down 70% YoY Net Loss: Net Loss was $90 million, a 19% YoY... More