ContextLogic (WISH) Set to Announce Quarterly Earnings on Wednesday

ContextLogic (NASDAQ:WISH) is set to announce its earnings results after the market closes on Wednesday, May 8th. Investors that wish to register for the company’s conference call can do so using this link.

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

ContextLogic Trading Down 1.8 %

WISH opened at $5.38 on Monday. The stock has a fifty day simple moving average of $5.82 and a two-hundred day simple moving average of $5.34. ContextLogic has a 12-month low of $3.55 and a 12-month high of $9.90.

Insider Activity at ContextLogic

In other news, SVP Brett Just sold 7,999 shares of ContextLogic stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $6.31, for a total transaction of $50,473.69. Following the completion of the transaction, the senior vice president now directly owns 6,859 shares in the company, valued at $43,280.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 8.20% of the stock is currently owned by corporate 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.