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ASAP posts $73.5 million loss in third quarter, its fourth straight quarterly deficit

Por: The Advocate Business November 10, 2022

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ASAP, the Lafayette-based delivery company, posted a $73.5 million net loss in the third quarter, its fourth straight quarter with a loss and its second massive quarterly deficit this year. of this year, ASAP attributed the hefty third quarter loss to a $53.9 million goodwill impairment due to the company’s sagging stock price. A $67 million goodwill impairment led to a $77 million shortfall for ASAP in the first quarter of 2022.ASAP also... + full article



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