The Bunny Trader
:
there is non-gaap and gaap, gaap stands for generally acceptable accounting principles, where soundhound accountants follow the USA standards to measure the eps, and non-gaap, where the company has slightly more legal leeway such as not accounting for some taxes or extra fees, allowing a slightly higher eps, non-gaap figures allow investors like us to see the companies financials like how the company views it, its like say i made $100 and cost of goods is $20 vs i made $100 but government took $20 before my cost of goods idk
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
The Bunny Trader : there is non-gaap and gaap, gaap stands for generally acceptable accounting principles, where soundhound accountants follow the USA standards to measure the eps, and non-gaap, where the company has slightly more legal leeway such as not accounting for some taxes or extra fees, allowing a slightly higher eps, non-gaap figures allow investors like us to see the companies financials like how the company views it, its like say i made $100 and cost of goods is $20 vs i made $100 but government took $20 before my cost of goods idk
The Bunny Trader : if you look at their financials more closely you will see non-gaap eps is 0.04 and gaap eps at 0.11, both losses
JTTC19 OP The Bunny Trader : Thank you for the explanation