Sentences with phrase «firms operating at a loss»
The firms operating at a loss had slightly higher investment returns than the firms with positive earnings: 31.3 % per year for the unprofitable companies versus 28.9 % per year for the profitable companies.
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Both companies are operating at a loss, and it's likely that investors are losing patience with promising tech companies that don't turn a profit, according to Mark McComsey, chief investment officer of Beverly Hills Wealth Management, a financial advisory firm catering to high net worth people and entrepreneurs, based in Los Angeles.