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First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Revenue : $19.75 Mil (TTM As of Oct. 2023)


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What is First Trust Highome Long/Short Fund Revenue?

First Trust Highome Long/Short Fund's revenue for the six months ended in Oct. 2023 was $-4.62 Mil. Its revenue for the trailing twelve months (TTM) ended in Oct. 2023 was $19.75 Mil. First Trust Highome Long/Short Fund's Revenue per Share for the six months ended in Oct. 2023 was $-0.14. Its Revenue per Share for the trailing twelve months (TTM) ended in Oct. 2023 was $0.58.

During the past 3 years, the average Revenue per Share Growth Rate was 276.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 7 years, First Trust Highome Long/Short Fund's highest 3-Year average Revenue per Share Growth Rate was 276.90% per year. The lowest was -82.10% per year. And the median was 97.40% per year.


First Trust Highome Long/Short Fund Revenue Historical Data

The historical data trend for First Trust Highome Long/Short Fund's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Trust Highome Long/Short Fund Revenue Chart

First Trust Highome Long/Short Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Revenue
Get a 7-Day Free Trial 56.58 0.35 64.00 -77.71 19.75

First Trust Highome Long/Short Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.21 -50.93 -26.79 24.37 -4.62

Competitive Comparison of First Trust Highome Long/Short Fund's Revenue

For the Asset Management subindustry, First Trust Highome Long/Short Fund's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Trust Highome Long/Short Fund's Revenue Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, First Trust Highome Long/Short Fund's Revenue distribution charts can be found below:

* The bar in red indicates where First Trust Highome Long/Short Fund's Revenue falls into.



First Trust Highome Long/Short Fund Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $19.75 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Trust Highome Long/Short Fund  (NYSE:FSD) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


First Trust Highome Long/Short Fund Revenue Related Terms

Thank you for viewing the detailed overview of First Trust Highome Long/Short Fund's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust High Income Long/Short Fund is a diversified, closed-end management investment company based in the United States. The fund's objective is to provide a high current income to its investors. Its secondary objective is capital appreciation. It seeks to achieve its objectives by investing in a diversified portfolio in the United States. The fund holds an interest in various sectors, such as basic industry, healthcare, capital goods, telecommunications, automotive, banking, media, energy, leisure, insurance, technology and electronics, transportation, financial services and others.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Cameron S White other: Portfolio Manager Sub-Advisor MACKAY SHIELDS, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Eric Gold other: Portfolio Manager Sub-Advisor C/O MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer - Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Shu Yang Tan other: Portfolio Mgr. Sub-Advisor MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, 43RD FL, NEW YORK NY 10105
Matthew Lowry Jacob other: Portfolio Mgr. Sub-Advisor MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, 43RD FL, NEW YORK NY 10105
Joseph Raymond Cantwell other: Portfolio Mgr. Sub-Advisor ALCENTRA NY, LLC, 200 PARK AVENUE, NEW YORK NY 10106
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
David Mcgarel other: Officer - Investment Adviser C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen director, officer: President, other: Officer - Investment Adviser C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Louis N. Cohen other: Member of Investment Team MACKAY SHIELDS LLC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

First Trust Highome Long/Short Fund (First Trust Highome Long/Short Fund) Headlines

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