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Leo Holdings Corp Ii  (LHC)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 
Price: $11.8700 $0.71 6.362%
Day's High: $11.89 Week Perf: 6.27 %
Day's Low: $ 11.16 30 Day Perf: 7.91 %
Volume (M): 0 52 Wk High: $ 11.89
Volume (M$): $ 4 52 Wk Avg: $10.77
Open: $11.16 52 Wk Low: $10.27



 Market Capitalization (Millions $) 161
 Shares Outstanding (Millions) 14
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 4
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Leo Holdings Corp Ii
Leo Holdings Corp II is a special purpose acquisition company (SPAC) founded by BM Technologies. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination. Leo Holdings Corp II raised around $200 million in an initial public offering in November 2020. The SPAC is focused on targeting businesses in the financial technology (fintech) sector for a potential merger or acquisition.


   Company Address: Albany Financial Center, South Ocean Blvd Nassau 0
   Company Phone Number: 800-1000   Stock Exchange / Ticker: NYSE LHC
   


   

Stock Performances by Major Competitors

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Leo Holdings Corp Ii

Leo Holdings Corp II Surges as Emerging Leader in Consumer Electronics Industry during the July-September 2023 Interval

The recent reporting season has brought forth a plethora of earnings disclosures from various corporations, including those in the ever-evolving Consumer Electronics industry. One such company, Leo Holdings Corp Ii (LHC), reported an operating deficit of $-0.253613 million for the fiscal third quarter of 2023. While this may seem like cause for concern, it is important to look at the bigger picture and consider the overall performance of the company.
When comparing the operating deficit of the third quarter of 2023 to the same period in 2022, it is evident that there has been a slight increase from $-0.244271 million to $-0.253613 million. However, it is crucial to note that this deficit is only a small part of the financial report and should not be the sole factor in determining the company's performance.

Business Update

World View and Leo Holdings Corp. II Terminate Business Combination Agreement Amid Challenging Market Conditions

Published Fri, Nov 17 2023 9:45 PM UTC


In a decision fueled by challenging market conditions, World View, a leading player in stratospheric exploration and flight, and Leo Holdings Corp. II (NYSE: LHC), a special purpose acquisition company (SPAC), have jointly announced their intent to terminate their previously agreed-upon business combination agreement.
World View, renowned for its groundbreaking adva...

Leo Holdings Corp Ii

Shareholders express concern as Leo Holdings Corp II reveals Q2 2023 financial results with operating deficit and calls for improved revenue generation



Leo Holdings Corp II, a consumer electronics company, recently reported its financial results for the period from April to June 2023. While shareholders did not anticipate any modifications in revenue, they were concerned about the company's operating deficit during this time. This article analyzes the facts surrounding Leo Holdings Corp II's financial performance and highlights the shareholders' expectations for the company.
Financial Results and Shareholder Concerns:
During the financial period ending June 30, 2023, Leo Holdings Corp II reported an operating deficit of $-0.313046 million. This disappointing result has raised concerns among shareholders, who were hoping for additional revenue streams to materialize soon. Shareholders have expressed their lack of confidence in the company's current operational conduct, focusing more on revenue generation potential rather than immediate profitability.

Leo Holdings Corp Ii

LHC Witnesses Rising Expenses in Q1 2023; Operating Deficit and Declining Net Proceeds Prompt Calls for Company Growth

Leo Holdings Corp II, a blank check company, reported its financial results for the period of January to March 31, 2023. The shareholders did not anticipate any adjustments to the revenue during the reporting cycle. However, they paid very close attention to the operating shortfall of $-0.484346 million, which indicates some concern.
As the company is in a developing phase, the shareholders expect further revenue streams to arrive soon. They do not rely on the current organizational and operational excellence of the company. This sentiment hints towards the need for further development and growth for the company to satisfy the investors.
The net proceeds of $0.382 million for the reported period marks a troubling -89.14% decline compared to the same period a year before. This is another reason why the shareholders are keen on having additional revenue streams for the company.
Despite the performance issues, the ascending nature of the organization is expected. The shareholders hope that the company will pick up both its revenue and profit margins. However, they do not have high expectations for the current financial reporting cycle. This is because the company is in a developing phaseGoing forward, it is essential for Leo Holdings Corp II to pay attention to the shareholders' concerns and provide a clear roadmap for development and growth. The upcoming financial results on August 10, 2023, will test the company's ability to address these concerns and move forward.






 




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