Asset Entities Q1 Adjusted Losses Widen, Revenue Increases

MT Newswires Live

05/14

Asset Entities (ASST) reported Q1 adjusted losses Thursday of $5.19 per diluted share, widening from losses of $1.62 a year earlier.

Two analysts polled by FactSet expected losses of $2.70.

Revenue for the quarter ended March 31 was $2.8 million, up from $1.4 million a year earlier.

Three analysts surveyed by FactSet expected $2.7 million.

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