PB Fintech stock up 7% despite widening of Q1 loss. Here’s why
Morgan Stanley said that the adjusted Ebitda loss was lower than estimates while the revenue was 10 per cent ahead of it. Contribution in Q1 was 75 per cent ahead, it said, adding that there was a clear pivot in commentary on profitability. The foreign brokerage said that this was the first time when the management gave guidance on profitability.
