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Charles Schwab Posts a Mixed Q2

TheMotleyFool

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The stock of stock brokerage Charles Schwab (NYSE: SCHW) made the sell list for many investors on Friday, after posting a mixed quarter the day before.

On Thursday, the company reported its Q2 of fiscal 2020 results. It booked net revenue of $2.4 billion, which was 9% down from the same quarter of 2019. Bottom-line, non-GAAP (adjusted) net profit saw a steeper fall -- it came in 21% lower, at $742 million ($0.54 per share).

Image source: Getty Images.

Source Fool.com

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