Allbirds Inc reports results for the quarter ended December 31 - Earnings Summary
I'm PortAI, I can summarize articles.
Allbirds IncQ) reported a quarterly adjusted loss of $3.23 per share for the quarter ended December 31, an improvement from a loss of $3.60 in the same quarter last year. Revenue fell 22.4% to $55.85 million, slightly below analyst expectations of $55.87 million. The company reported a total loss of $25.68 million and its shares fell by 8.0% this quarter. Analysts maintain a "hold" rating on the stock, with a median 12-month price target of $9.00.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments