Saturday, May 5, 2018

UPDATE 1-Berkshire operating profit soars, accounting change causes net loss

Shareholders walk through the exhibit hall at the Berkshire Hathaway Inc annual meeting, the largest in corporate America, in its hometown of Omaha, Nebraska, U.S., May 4, 2018. REUTERS/Rick Wilking ) on Saturday reported an unusual quarterly net loss, the result of an accounting change that Buffett had warned would produce "wild" but in his view meaningless swings in results.

No comments:

Post a Comment