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HeavyStorm • today at 12:09 PM • 1 reply • view on HN

What the hell is 15% adjusted margin? Lots of mathmagic there I guess...


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Kwpolska • today at 12:17 PM

The real number with standard accounting rules is a loss of $567 million (-3% operating margin). But they're adding in "Stock-based compensation expense" (~$1B) and "Non-cash charitable contributions" (~$2B), and they end up with a profit of $2.5 billion.

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