How I realized this company is BS'ing everyone

Q3 results "Revenue of $1.96 billion , up 28.3 percent, or 27.0 percent in constant currency"...."Operating cash flow of $159 million, up $43 million year-over-year.
Free cash flow(1) of $131 million, up $24 million year-over-year."

These are all up, yet everything else is down. "Headwinds, inflation, uncertain government blah blah" stock is tanking, entire company is on yard sale duty, your coworkers are disappearing.

Why do these numbers not add up?

Skimming off the top? SLT stowing extra cash away? What is happening?

#FinancialResults #StockPrice #Layoffs #CostCutting

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BS.

Payback is a B itch S ometimes.

Just realized the BS ing ? Seriously, been going on AF since 2018 and back to at least 1999 at a lower level.

@OP It is not growth and should not be explained as growth. The "pro forma" reporting tells the real story. From Q3 press release:

On a pro forma(1) basis, revenue down 7.8 percent. GAAP net (loss) of $(760) million , or $(6.01) per share.

@OP Lexmark head fake. The prior period amounts do not include LEX, the current period amounts do. You are not financially astute. The first time I realized it was when UB was promoted to CEO.

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How I realized this company is BS'ing everyone

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