A Closer Look at M1’s Q3-2017 Results and How It Stacks Up Against Its Peers
by: Tam Ging Wien
All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor.
M1 Ltd released its Q3-2017 results yesterday night after market hours and reported a slightly better revenue of $251.6mil, up 1% compared to the same quarter last year. Despite the increase in revenue, the net profit was down 4.8% to $32.7mil compared to the same quarter last year.
According to M1’s release, its ......