ContextLogic (WISH) Set to Announce Quarterly Earnings on Wednesday

ContextLogic (NASDAQ:WISH) is set to post its quarterly earnings results after the market closes on Wednesday, May 8th. Individual interested in participating in the company’s earnings conference call can do so using this link.

ContextLogic (NASDAQ:WISH) last issued its earnings results on Monday, March 4th. The company reported ($2.82) EPS for the quarter. The firm had revenue of $53.00 million during the quarter. ContextLogic had a negative net margin of 113.62% and a negative return on equity of 102.51%.

ContextLogic Trading Down 1.8 %

Shares of NASDAQ WISH opened at $5.38 on Monday. The business’s 50 day moving average price is $5.82 and its 200 day moving average price is $5.34. ContextLogic has a 52 week low of $3.55 and a 52 week high of $9.90.

Insider Activity at ContextLogic

In related news, SVP Brett Just sold 7,999 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The stock was sold at an average price of $6.31, for a total value of $50,473.69. Following the sale, the senior vice president now owns 6,859 shares in the company, valued at $43,280.29. The sale was disclosed in a legal filing with the SEC, which is available through this link. 8.20% of the stock is owned by insiders.

About ContextLogic

ContextLogic Inc operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc was incorporated in 2010 and is headquartered in San Francisco, California.