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Sure! Here's a brief overview of publicly traded companies with "telephone minus" in their stock symbol, focusing on earnings and growth:
1. Meta Materials Inc. (MMAT) - Meta Materials, formerly known as Metamaterial, is a technology company that offers software, content, and a platform for creating and delivering interactive augmented reality experiences without the need for special glasses or any other hardware.
Earnings: Meta Materials' quarterly revenue was reported at $1.44 million, representing a 14% year-over-year increase. The net loss for the quarter was $5.3 million, and the net loss per share was $0.05.
Growth: Meta Materials is looking to expand organically and through acquisitions, focusing on its augmented reality and e-commerce businesses.
2. ElectraMeccanica Vehicles Corp. (SOLO) - ElectraMeccanica Vehicles is a designer and manufacturer of electric vehicles that embody urbanequality with its SOLO - a single-seat electric vehicle crafted with a view to revolutionize the way people move within congested urban centers and change the way the world thinks about travel.
Earnings: ElectraMeccanica Vehicles reported a net loss of $3.8 million, or $0.38 per share, for the third quarter of 2022. The company's cash position was $11.8 million, and no long-term debt.
Growth: ElectraMeccania Vehicles intends to focus on growing its product offerings, building partnerships with major last-mile delivery companies, initiating production and distribution partnerships in Asia, and enhancing direct-to-consumer sales in the US and other markets.
3. Blue Apron Holdings, Inc. (APRN) - Blue Apron offers a meal-kit service that delivers fresh ingredients and simple recipes that can be prepared at home. The meal-kit delivery service sends an assortment of raw ingredients, pre-portioned and prepped to a specific recipe, making it easy to cook home chef-quality meals without the hassle of grocery shopping.
Earnings: Blue Apron's net loss for the third quarter was $38.3 million, or $0.48 per share, compared to a net loss of $28.3 million, or $0.39 per share, in the same period of 2021.
Growth: Blue Apron is looking to focus on its core meal-kit delivery service, expanding its assortment of meal plan offerings, investing in technology to enhance the customer experience and drive retention, strategically expanding fulfillment center capabilities and retail partnerships, and investing in digital marketing and brand awareness.
These are just a few examples of publicly traded companies using "telephone minus" in their stock symbols, and it's important to note that the earnings and growth prospects of these companies can vary widely depending on various factors. Always conduct thorough research and seek advice from financial advisors before making investment decisions.
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