The TV company guidance also was rather negative for Q3.posted worse-than-expected earnings late Thursday that persuaded the market that the worst is not yet over.showcased an $-0.82 loss in adjusted earnings per share compared with Wall Street consensus of $-0.68. Revenue likewise came in low at $764 million, which was more than $40 million below expectations.
placed much of the blame at the feet of ad spending. Average revenue per user fell from $11.54 in Q2 2021 to $7.64 in this year's quarter. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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