Algorhythm Holdings Q2 EPS $(0.25) Beats $(0.36) Estimate, Sales $3.005M Beat $3.000M Estimate
Algorhythm Holdings (NASDAQ:RIME) reported quarterly losses of $(0.25) per share which beat the analyst consensus estimate of $(0.36) by 30.56 percent. This is a 4.17 percent decrease over losses of $(0.24) per share
Algorhythm lost less money than Wall Street thought it would, which is good news. When a company does better than people expected, it can make investors feel more hopeful about what comes next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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