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John R
John R asked in Business & FinanceInvesting · 2 months ago

CNBC talks about “ibido”. What is ibido?

I may not have the spelling correct, but it sounds like ibido.

1 Answer

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  • zman492
    Lv 7
    2 months ago
    Favorite Answer

    I think they said EBITA.

    Earnings before interest, taxes, and amortization (EBITA) is a measure of company profitability used by investors. It is helpful for comparison of one company to another in the same line of business. In some cases, it also can provide a more accurate view of the company's real performance over time.

    It is also possible they said EBITDA but I have seen EBITA used more often.

    Source(s): https://www.investopedia.com/terms/e/ebita.asp
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