• Honytawk
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    8 months ago

    420M in profit is still way too much to be laying off people

    • slazer2au@lemmy.world
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      8 months ago

      Revenue is not profit.

      Revenue is income. Profit is how much they made after some expenses.

    • Cheesus@lemmy.world
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      8 months ago

      Revenue is how much you sold stuff for. Profit is how much did you make after paying for everything to run your business. They got $544M but spent $668M, so they didn’t make a profit.