The company has been focused on whittling costs after its initial public offering was shelved last year. Its cash burn -- or free cash outflow -- was $671 million in the quarter, due to $116 million in non-recurring restructuring expenses which included severance linked to layoffs.
from Hindustan Times - business https://ift.tt/2FqvQ7A
via
Saturday, 15 August 2020
Subscribe to:
Post Comments (Atom)
Posts
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean.
No comments:
Post a Comment