https://www.actionnetwork.com/ncaab...line-en-route-to-possible-delisting-by-nasdaq
Ruiz provided guidance that 2022 revenue would approach $1 billion. When the company first reported quarterly earnings, nine months of revenue yielded just $3.9 million after projecting income of $992 million. And even those paltry numbers are unreliable, the company said in April.
In fact, the company said in that April release that any financial information released by LifeWallet in 2022 should be considered unreliable.
Ruiz provided guidance that 2022 revenue would approach $1 billion. When the company first reported quarterly earnings, nine months of revenue yielded just $3.9 million after projecting income of $992 million. And even those paltry numbers are unreliable, the company said in April.
In fact, the company said in that April release that any financial information released by LifeWallet in 2022 should be considered unreliable.
