WISH Stock: What You Need To Know Ahead Of Q2 Earnings

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WISH Stock: What You Need To Know Ahead Of Q2 Earnings

Thestreet2021-08-11

ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June. This ...

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DiamondsHand
·2021-08-16
lol
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SereneT
·2021-08-12
Oh yes
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Jayne seah
·2021-08-11
Ok
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SanWangtikup
·2021-08-11
[Sad]
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Bartchen
·2021-08-11
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Kk722
·2021-08-11
Hello
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NPC69
·2021-08-11
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  2021-08-13
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Zhaoxiang
·2021-08-11
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The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","article_id":"1164397802","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","pubTimestamp":1628692872,"sourceInfo":null,"weMediaInfo":null,"summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"希望股票：在第二季度收益前你需要知道什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WISH":0.9},"content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","kind":"news","is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":839000746,"gmtCreate":1629103506985,"gmtModify":1676529930943,"author":{"id":"3578113539215777","authorId":"3578113539215777","name":"DiamondsHand","avatar":"https://static.tigerbbs.com/bbb5d1bf66dee2f5259e3d141daff82e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3578113539215777","authorIdStr":"3578113539215777"},"htmlText":"lol","listText":"lol","text":"lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839000746","repostId":1164397802,"repostType":2,"repost":{"id":"1164397802","kind":"news","pubTimestamp":1628692872,"share":"https://ttm.financial/m/news/1164397802?lang=&edition=fundamental","pubTime":"2021-08-11 22:41","market":"us","language":"en","title":"WISH Stock: What You Need To Know Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","media":"Thestreet","summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","content":"<p>ContextLogic stock&nbsp;(<b>WISH</b>)&nbsp;is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.</p>\n<p>This Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?</p>\n<h3>Q1 earnings results recap</h3>\n<p>The companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.</p>\n<ul>\n <li>Revenues in first quarter was $772 million, a 75% increase year-over-year.</li>\n</ul>\n<ul>\n <li>First quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Adjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Core marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64e82ff323a3fbca5c2bb0c347caa752\" tg-width=\"1200\" tg-height=\"850\" referrerpolicy=\"no-referrer\"><span>Figure 1: Wish segments revenue &amp; YoY growth.Wish Investor Relations</span></p>\n<p>Founder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.</p>\n<p>Lastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.</p>\n<p>However, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.</p>\n<h3>Previewing Wish’s Q2 earnings</h3>\n<p>Wall Street is&nbsp;expecting&nbsp;net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.</p>\n<p>Consensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.</p>\n<p>For the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.</p>\n<p>To keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.</p>\n<p>Wall Street Meme’s take</p>\n<p>As seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.</p>\n<p>However, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164397802","content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895346764,"gmtCreate":1628726408958,"gmtModify":1676529831416,"author":{"id":"3571055014447976","authorId":"3571055014447976","name":"SereneT","avatar":"https://static.tigerbbs.com/9daff821793d9450f5e5b8df34a327e4","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3571055014447976","authorIdStr":"3571055014447976"},"htmlText":"Oh yes","listText":"Oh yes","text":"Oh yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895346764","repostId":1164397802,"repostType":4,"repost":{"id":"1164397802","kind":"news","pubTimestamp":1628692872,"share":"https://ttm.financial/m/news/1164397802?lang=&edition=fundamental","pubTime":"2021-08-11 22:41","market":"us","language":"en","title":"WISH Stock: What You Need To Know Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","media":"Thestreet","summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","content":"<p>ContextLogic stock&nbsp;(<b>WISH</b>)&nbsp;is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.</p>\n<p>This Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?</p>\n<h3>Q1 earnings results recap</h3>\n<p>The companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.</p>\n<ul>\n <li>Revenues in first quarter was $772 million, a 75% increase year-over-year.</li>\n</ul>\n<ul>\n <li>First quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Adjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Core marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64e82ff323a3fbca5c2bb0c347caa752\" tg-width=\"1200\" tg-height=\"850\" referrerpolicy=\"no-referrer\"><span>Figure 1: Wish segments revenue &amp; YoY growth.Wish Investor Relations</span></p>\n<p>Founder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.</p>\n<p>Lastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.</p>\n<p>However, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.</p>\n<h3>Previewing Wish’s Q2 earnings</h3>\n<p>Wall Street is&nbsp;expecting&nbsp;net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.</p>\n<p>Consensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.</p>\n<p>For the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.</p>\n<p>To keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.</p>\n<p>Wall Street Meme’s take</p>\n<p>As seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.</p>\n<p>However, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164397802","content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895040742,"gmtCreate":1628696666986,"gmtModify":1676529826000,"author":{"id":"3573725828950874","authorId":"3573725828950874","name":"Jayne seah","avatar":"https://static.tigerbbs.com/89e79cc9d213c3487de87f1ced1f5b01","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3573725828950874","authorIdStr":"3573725828950874"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895040742","repostId":1164397802,"repostType":4,"repost":{"id":"1164397802","kind":"news","pubTimestamp":1628692872,"share":"https://ttm.financial/m/news/1164397802?lang=&edition=fundamental","pubTime":"2021-08-11 22:41","market":"us","language":"en","title":"WISH Stock: What You Need To Know Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","media":"Thestreet","summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","content":"<p>ContextLogic stock&nbsp;(<b>WISH</b>)&nbsp;is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.</p>\n<p>This Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?</p>\n<h3>Q1 earnings results recap</h3>\n<p>The companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.</p>\n<ul>\n <li>Revenues in first quarter was $772 million, a 75% increase year-over-year.</li>\n</ul>\n<ul>\n <li>First quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Adjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Core marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64e82ff323a3fbca5c2bb0c347caa752\" tg-width=\"1200\" tg-height=\"850\" referrerpolicy=\"no-referrer\"><span>Figure 1: Wish segments revenue &amp; YoY growth.Wish Investor Relations</span></p>\n<p>Founder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.</p>\n<p>Lastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.</p>\n<p>However, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.</p>\n<h3>Previewing Wish’s Q2 earnings</h3>\n<p>Wall Street is&nbsp;expecting&nbsp;net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.</p>\n<p>Consensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.</p>\n<p>For the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.</p>\n<p>To keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.</p>\n<p>Wall Street Meme’s take</p>\n<p>As seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.</p>\n<p>However, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164397802","content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895081217,"gmtCreate":1628694400339,"gmtModify":1676529824860,"author":{"id":"4087452914358580","authorId":"4087452914358580","name":"SanWangtikup","avatar":"https://static.tigerbbs.com/c7f061d50a9f915d0ce8e8c879871960","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":0,"idStr":"4087452914358580","authorIdStr":"4087452914358580"},"htmlText":"[Sad]&nbsp;","listText":"[Sad]&nbsp;","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895081217","repostId":1164397802,"repostType":4,"repost":{"id":"1164397802","kind":"news","pubTimestamp":1628692872,"share":"https://ttm.financial/m/news/1164397802?lang=&edition=fundamental","pubTime":"2021-08-11 22:41","market":"us","language":"en","title":"WISH Stock: What You Need To Know Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","media":"Thestreet","summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","content":"<p>ContextLogic stock&nbsp;(<b>WISH</b>)&nbsp;is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.</p>\n<p>This Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?</p>\n<h3>Q1 earnings results recap</h3>\n<p>The companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.</p>\n<ul>\n <li>Revenues in first quarter was $772 million, a 75% increase year-over-year.</li>\n</ul>\n<ul>\n <li>First quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Adjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Core marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64e82ff323a3fbca5c2bb0c347caa752\" tg-width=\"1200\" tg-height=\"850\" referrerpolicy=\"no-referrer\"><span>Figure 1: Wish segments revenue &amp; YoY growth.Wish Investor Relations</span></p>\n<p>Founder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.</p>\n<p>Lastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.</p>\n<p>However, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.</p>\n<h3>Previewing Wish’s Q2 earnings</h3>\n<p>Wall Street is&nbsp;expecting&nbsp;net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.</p>\n<p>Consensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.</p>\n<p>For the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.</p>\n<p>To keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.</p>\n<p>Wall Street Meme’s take</p>\n<p>As seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.</p>\n<p>However, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164397802","content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895089519,"gmtCreate":1628694274331,"gmtModify":1676529824821,"author":{"id":"3581493327878373","authorId":"3581493327878373","name":"Bartchen","avatar":"https://static.tigerbbs.com/7ebe9ebb1352fc339d8fce5528e369bb","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581493327878373","authorIdStr":"3581493327878373"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895089519","repostId":1164397802,"repostType":4,"repost":{"id":"1164397802","kind":"news","pubTimestamp":1628692872,"share":"https://ttm.financial/m/news/1164397802?lang=&edition=fundamental","pubTime":"2021-08-11 22:41","market":"us","language":"en","title":"WISH Stock: What You Need To Know Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","media":"Thestreet","summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","content":"<p>ContextLogic stock&nbsp;(<b>WISH</b>)&nbsp;is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.</p>\n<p>This Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?</p>\n<h3>Q1 earnings results recap</h3>\n<p>The companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.</p>\n<ul>\n <li>Revenues in first quarter was $772 million, a 75% increase year-over-year.</li>\n</ul>\n<ul>\n <li>First quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Adjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Core marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64e82ff323a3fbca5c2bb0c347caa752\" tg-width=\"1200\" tg-height=\"850\" referrerpolicy=\"no-referrer\"><span>Figure 1: Wish segments revenue &amp; YoY growth.Wish Investor Relations</span></p>\n<p>Founder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.</p>\n<p>Lastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.</p>\n<p>However, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.</p>\n<h3>Previewing Wish’s Q2 earnings</h3>\n<p>Wall Street is&nbsp;expecting&nbsp;net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.</p>\n<p>Consensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.</p>\n<p>For the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.</p>\n<p>To keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.</p>\n<p>Wall Street Meme’s take</p>\n<p>As seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.</p>\n<p>However, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164397802","content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895032339,"gmtCreate":1628693324321,"gmtModify":1676529824459,"author":{"id":"3575035720573684","authorId":"3575035720573684","name":"Kk722","avatar":"https://static.tigerbbs.com/a13c189a070027aba7046404e1a64b01","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3575035720573684","authorIdStr":"3575035720573684"},"htmlText":"Hello&nbsp;","listText":"Hello&nbsp;","text":"Hello","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895032339","repostId":1164397802,"repostType":4,"repost":{"id":"1164397802","kind":"news","pubTimestamp":1628692872,"share":"https://ttm.financial/m/news/1164397802?lang=&edition=fundamental","pubTime":"2021-08-11 22:41","market":"us","language":"en","title":"WISH Stock: What You Need To Know Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","media":"Thestreet","summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","content":"<p>ContextLogic stock&nbsp;(<b>WISH</b>)&nbsp;is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.</p>\n<p>This Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?</p>\n<h3>Q1 earnings results recap</h3>\n<p>The companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.</p>\n<ul>\n <li>Revenues in first quarter was $772 million, a 75% increase year-over-year.</li>\n</ul>\n<ul>\n <li>First quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Adjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Core marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64e82ff323a3fbca5c2bb0c347caa752\" tg-width=\"1200\" tg-height=\"850\" referrerpolicy=\"no-referrer\"><span>Figure 1: Wish segments revenue &amp; YoY growth.Wish Investor Relations</span></p>\n<p>Founder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.</p>\n<p>Lastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.</p>\n<p>However, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.</p>\n<h3>Previewing Wish’s Q2 earnings</h3>\n<p>Wall Street is&nbsp;expecting&nbsp;net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.</p>\n<p>Consensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.</p>\n<p>For the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.</p>\n<p>To keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.</p>\n<p>Wall Street Meme’s take</p>\n<p>As seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.</p>\n<p>However, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164397802","content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":895038736,"gmtCreate":1628693270525,"gmtModify":1676529824430,"author":{"id":"3584779133668268","authorId":"3584779133668268","name":"NPC69","avatar":"https://static.tigerbbs.com/47e7ac55312ae8dd1c9e7cb92adad089","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3584779133668268","authorIdStr":"3584779133668268"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/895038736","repostId":1164397802,"repostType":4,"repost":{"id":"1164397802","kind":"news","pubTimestamp":1628692872,"share":"https://ttm.financial/m/news/1164397802?lang=&edition=fundamental","pubTime":"2021-08-11 22:41","market":"us","language":"en","title":"WISH Stock: What You Need To Know Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","media":"Thestreet","summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","content":"<p>ContextLogic stock&nbsp;(<b>WISH</b>)&nbsp;is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.</p>\n<p>This Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?</p>\n<h3>Q1 earnings results recap</h3>\n<p>The companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.</p>\n<ul>\n <li>Revenues in first quarter was $772 million, a 75% increase year-over-year.</li>\n</ul>\n<ul>\n <li>First quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Adjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Core marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64e82ff323a3fbca5c2bb0c347caa752\" tg-width=\"1200\" tg-height=\"850\" referrerpolicy=\"no-referrer\"><span>Figure 1: Wish segments revenue &amp; YoY growth.Wish Investor Relations</span></p>\n<p>Founder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.</p>\n<p>Lastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.</p>\n<p>However, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.</p>\n<h3>Previewing Wish’s Q2 earnings</h3>\n<p>Wall Street is&nbsp;expecting&nbsp;net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.</p>\n<p>Consensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.</p>\n<p>For the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.</p>\n<p>To keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.</p>\n<p>Wall Street Meme’s take</p>\n<p>As seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.</p>\n<p>However, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164397802","content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5516890,"gmtCreate":1628851725378,"gmtModify":1663232325240,"authorId":3563825546062932,"author":{"id":3563825546062932,"idStr":"3563825546062932","authorId":3563825546062932,"name":"Ffcrisis","avatar":"https://static.tigerbbs.com/c00dc1751f53e821208e8e59b0b6dab6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":895038736,"type":1,"supId":0,"prevId":0,"content":"Nice","text":"Nice","html":"Nice"}],"langContent":"EN"},{"id":895038402,"gmtCreate":1628693265006,"gmtModify":1676529824477,"author":{"id":"3573361937273706","authorId":"3573361937273706","name":"Zhaoxiang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":3,"crmLevelSwitch":0,"idStr":"3573361937273706","authorIdStr":"3573361937273706"},"htmlText":"Like leh","listText":"Like leh","text":"Like leh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/895038402","repostId":1164397802,"repostType":4,"repost":{"id":"1164397802","kind":"news","pubTimestamp":1628692872,"share":"https://ttm.financial/m/news/1164397802?lang=&edition=fundamental","pubTime":"2021-08-11 22:41","market":"us","language":"en","title":"WISH Stock: What You Need To Know Ahead Of Q2 Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1164397802","media":"Thestreet","summary":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commer","content":"<p>ContextLogic stock&nbsp;(<b>WISH</b>)&nbsp;is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.</p>\n<p>This Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?</p>\n<h3>Q1 earnings results recap</h3>\n<p>The companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.</p>\n<ul>\n <li>Revenues in first quarter was $772 million, a 75% increase year-over-year.</li>\n</ul>\n<ul>\n <li>First quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Adjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.</li>\n</ul>\n<ul>\n <li>Core marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64e82ff323a3fbca5c2bb0c347caa752\" tg-width=\"1200\" tg-height=\"850\" referrerpolicy=\"no-referrer\"><span>Figure 1: Wish segments revenue &amp; YoY growth.Wish Investor Relations</span></p>\n<p>Founder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.</p>\n<p>Lastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.</p>\n<p>However, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.</p>\n<h3>Previewing Wish’s Q2 earnings</h3>\n<p>Wall Street is&nbsp;expecting&nbsp;net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.</p>\n<p>Consensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.</p>\n<p>For the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.</p>\n<p>To keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.</p>\n<p>Wall Street Meme’s take</p>\n<p>As seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.</p>\n<p>However, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What You Need To Know Ahead Of Q2 Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What You Need To Know Ahead Of Q2 Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-you-need-to-know-ahead-of-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164397802","content_text":"ContextLogic stock (WISH) is one of the most discussed within the top forums on Reddit. The e-commerce platform probably gained popularity after a sudden share price recovery in early June.\nThis Thursday, August 12, the company will report its second quarter results. Could this be a catalyst for the share price to take off once again?\nQ1 earnings results recap\nThe companybeatexpectations in the first quarter of 2021, reporting loss per share of $0.13 against consensus loss of $0.14. The company also beat revenue expectations by $29 million.\n\nRevenues in first quarter was $772 million, a 75% increase year-over-year.\n\n\nFirst quarter net loss was $128 million, compared to a loss of $66 million in Q1 2020.\n\n\nAdjusted EBITDA loss was $79 million, -10% margin, compared to a loss of $51 million in Q1 2020.\n\n\nCore marketplace revenue grew 40% to $477 million year-over-year, a boost from a 24% year-over-year growth in Q4 2020. See below. ProductBoost revenue grew 14% year-over-year to $50 million and Logistics revenue was $245 million, a whopping 338% higher year-over-year.\n\nFigure 1: Wish segments revenue & YoY growth.Wish Investor Relations\nFounder and CEO Piotr Szulczewski said: “Wish started off 2021 strong with Q1 results that exceeded our expectations on both the top and bottom lines,”. He added that the company’s main focus is to drive continued long-term growth through efficient user acquisition, increased monetization and higher retention.\nLastly, the CEOsaidthat newer initiatives, including Wish Local expansion, as well as efforts to diversify product selection, were well executed according to the company’s plan.\nHowever, despite the strong Q1 results, WISH stock fell sharply 31% right after reporting its earnings in the next trading day. The main culprit was probably the company’s revenue guidance, whose top end of the range fell below Wall Street’s estimate.\nPreviewing Wish’s Q2 earnings\nWall Street is expecting net loss per share of $0.10 in the second quarter. For reference, this number compares very favorably to the second quarter of 2020 when Wish became a publicly traded company amid the ongoing COVID-19 pandemic: net loss of $0.97 per share.\nConsensus revenue of $722 million compares to a reported $772 million in the last quarter. Wall Street latest recommendation on the stock was cautiously bearish. Bank Of America and Evercore ISI both downgraded WISH to hold. The latter mentioned the departure of CFO Rajat Bahri as raising the risk on the company's operations.\nFor the second quarter, Wishexpectsrevenues of between $715 to $730 million, or a 2% to 4% year-over-year increase as the company had a very solid Q2 2020. In addition, an EBITDA loss of between $60 to $55 million or a loss of 8% to 7% of revenue is expected. Wish is looking at 2021 with caution, given the uncertainties behind the ongoing COVID-19 pandemic and new tax rollouts in Europe starting in July of this year.\nTo keep delivering solid results, the company believes that the opportunities are based on five core priorities: (1) Driving efficient customer acquisition, retention and monetization, (2) optimizing logistics infrastructure, (3) scaling Wish Local, (4) adding new product categories and (5) opening the platform to non-Wish merchants.\nWall Street Meme’s take\nAs seen in thelatest earnings reported by e-commerce giants like Amazon, growth in the sector decelerated quite a bit in a post-pandemic scenario. This was due to the gradual reopening of the economy causing stay-at-home trends to slow down. Therefore, it is feasible that Wish’s revenues will not surprise this time as they did in the last quarter.\nHowever, on the bullish side, the company has been delivering results in line with its outlook, and it remains a promising e-commerce player. Even with the phasing out of the stay-at-home tailwinds, e-commerce is stilllikelyto flourish beyond the COVID-19 crisis.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":70,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}