02:17 PM EST, 11/11/2024 (MT Newswires) -- Ispire Technology ( ISPR ) shares were down more than 4% in recent trading Monday after the company reported lower fiscal Q1 results.

The company reported a fiscal Q1 loss of $0.10 per diluted share, widening than a loss of $0.02 a year earlier.

One analyst polled by Capital IQ expected a loss of $0.02 a share.

Revenue for the quarter ended Sept. 30 was $39.3 million, compared with $42.9 million a year earlier.

Two analysts surveyed by Capital IQ expected $51.7 million.

Price: 5.98, Change: -0.28, Percent Change: -4.47