good morning it is 9 a.m on thursday |
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january 13th this is yahoo finance live |
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range of about a quarter to a third of |
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DATE
about a quarter to a third
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one and we did get some economic data |
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that stock is surging by nine percent |
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tech analyst mark mahany first this |
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is for full year 2022 they expect a |
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quote meaningful profitability in 2022. |
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the fourth quarter you can't ignore the |
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omicron wave of covet 19. it was an |
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170 million which was better than what |
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with what the street expected 22 cents |
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versus 22 cents uh one thing to keep in |
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mind revenue the 8.4 billion versus what |
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the street thought would be 8.4 billion |
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number for the full year in 2022 and we |
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recovered to about 60 percent of what it |
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had been in 2019 just before omicron hit |
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be much different than it was in 2019 |
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with roughly 10 to 20 percent of that |
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CARDINAL
roughly 10 to 20 percent
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had been in 2019 the other thing he said |
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2019 you need international travel and |
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that's that 20 gap they're looking at |
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roughly 74 75 |
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recovery of revenue compared to 2019 and |
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profitability in 2022. back to both of |
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he noted that 3 000 workers are are |
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with kova 19 the bastion tell you |
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it's only about 20 cancellations out of |
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the 4 000 flights |
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they've stabilized that one other thing |
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was even though for full year 2021 they |
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had a loss uh of uh several billion |
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they were profitable uh in the second |
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actually approved a one-time uh bonus uh |
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profit sharing to the tune of 1250. per |
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employee based on that second half of |
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2021 performance and those checks will |
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more than a year for a year will get 1 |
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250 those who join during the year |
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increase of 2.7 |
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