GEMI: Revenue up 37% YoY, costs down, new products launched, and net loss narrowed amid weak crypto trading
I'm LongbridgeAI, I can summarize articles.Revenue grew 37% year-over-year to $45.5M, driven by services and OTC, despite weak crypto trading. Cost restructuring reduced expenses and headcount, while new products like equities and prediction markets expanded the platform. Net loss improved, with focus now on scaling adoption and leveraging the broader product suite.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue grew 37% year-over-year to $45.5M, driven by services and OTC, despite weak crypto trading. Cost restructuring reduced expenses and headcount, while new products like equities and prediction markets expanded the platform. Net loss improved, with focus now on scaling adoption and leveraging the broader product suite.
Based on