10:13 AM EDT, 08/06/2024 (MT Newswires) -- Jumia Technologies ( JMIA ) shares fell nearly 46% in recent Tuesday trading after the company's Q2 revenue dropped year on year.

The company said revenue for the quarter ended June 30 was $36.5 million, down from $44 million a year earlier.

The company reported a Q2 comprehensive loss of $19 million, narrower than a loss of $38.1 million a year earlier.

Comparable analysts' estimates were not available.

Price: 5.73, Change: -4.86, Percent Change: -45.89