Softchoice Reports Negative Impact From Stronger Dollar -- Currency Comment - News Summed Up

Softchoice Reports Negative Impact From Stronger Dollar -- Currency Comment


By Paulo TrevisaniSoftchoice said Friday a strengthened U.S. dollar had a negative impact of approximately $2 million in its first quarter's gross profit. The Toronto-based technology company said the forex impact referred specifically to the translation of gross profit generated in Canada into the U.S. dollar.


Source: Wall Street Journal May 13, 2023 02:29 UTC



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