I am looking at lots of companies in a screener. I am surprised by something. How can a company have a negative operating income and a positive net income? Net should always be lower than operating, right? More expenses are included under net income.
I might be answering my own question, but I'd love to hear others comments. Perhaps a company is doing poorly, so they sold off an asset. That asset sale is not part of operations so the income doesn't show under operations. Is that reasonable?
Submitted January 12, 2024 at 12:01AM by pbemea https://ift.tt/TicXFbs
