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Updated · CNN · Jul 15BID Posts $375.15 Million Q4 Revenue, Net Income Jumps 403.31%
1 articles · Updated · CNN · Jul 15Summary
- $375.15 million in Q4 revenue marked a 214.82% jump from the prior quarter for BID, alongside $84.44 million in net income.
- $1.67 in Q4 earnings per share rose 404.99% sequentially, showing profit growth tracked the sharp rebound in sales.
- For the full year, BID reported $1.03 billion in revenue, up 4.68% from a year earlier, while net income slipped 8.56% to $107.01 million.
- The quarter suggests a strong finish to the year, even as annual profit and EPS remained below the prior year's levels.
Insights
What fueled BID's stunning 400% quarterly profit surge after a year of decline? With detailed financials public, why is BID's stock price and market data a complete mystery?