Wednesday, 12 February 2020

Softbank profit plummets 99% on Vision Fund losses

Softbank reported an operating income of $23.6 million for the quarter, a plunge of 99% from a year ago. The company cited $2 billion in losses in its Vision Fund and reported this and a related fund as the biggest driver in the disappointing results. Yahoo Finance’s On the Move panel discusses.

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source https://jobsearchtips.net/softbank-profit-plummets-99-on-vision-fund-losses/

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