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Tingo inc   (IWBB)
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Tingo Inc declared fairly good 64.816%, Revenues growth, all along the third quarter of 2022 earnings season

IWBB delivered third quarter of 2022 operating income of $149.538607 millions

Published 2022-11-18T10:03:14+00:00
Goran Soko / CSIMarket.com Contributer

By_Sunny1992_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonFor the July to September 30 2022 time-frame IWBB earnings turned positive of $0.05 per share compare to $-0.04 a year prior and profits fell by -16.67 % from $0.06 per share from the preceding financial reporting period.

Revenues inched up strongly by 64.816 % to $291.70 millions from $176.99 millions in the same financial reporting period a year prior and sequentially Revenues advanced by 8.566 % from $268.68 millions.




Tingo Inc booked bottom-line of $90.709 millions in the July to September 30 2022 time-frame an improvement versus a net shortfall of $-44.683 millions in the same financial reporting period a year ago. Tingo Inc also emphasized it's improving profit margins, where net margin rose to 31.1% in July to September 30 2022 time-frame, and operating margin edged up to 51.26%.


Tingo Inc is expected to report next financial recent numbers on March 30, 2023.


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