According to data from Benzinga Pro, during Q4, Cue Health's (NASDAQ:HLTH) reported sales totaled $146.78 million. Despite a 52.48% increase in earnings, the company posted a loss of $31.51 million. In Q3, Cue Health brought in $69.59 million in sales but lost $66.30 million in earnings. What Is Return On Invested Capital?Return on Invested Capital is a measure of yearly pre-tax profit relative to capital invested by a business. Changes in earnings and sales indicate shifts in a company's ROIC. A higher ROIC is generally representative of successful growth of a company and is a sign of higher earnings per share
Cue Health Earnings Perspective: Return On Invested Capital
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