Ok, this one happened because they invested into AI hardware build out. Actual operating income grew 30%+ q/q.
> Actual operating income grew 30%+ q/q
OI isn’t more “actual” than EPS. I remember back when Yahoo traded for less than cash and liquids [1] because investors didn’t trust management not to blow it on stupid shit.
[1] https://www.nytimes.com/2015/12/10/business/dealbook/how-to-...
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That was already forecasted, but not that they were going so cash flow negative.
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