Urbanfund Q3 Profit Up 63% Despite Weaker Revenue-March 2024-www.financetom.com

Urbanfund Q3 Profit Up 63% Despite Weaker Revenue

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Urbanfund Q3 Profit Up 63% Despite Weaker Revenue

Nov 26, 2024 2:38 PM

05:22 PM EST, 11/26/2024 (MT Newswires) -- Urbanfund (UFC.V) after trade Tuesday said its third-quarter profit rose 63% despite weaker revenue.

The company said it earned $1.52 million, or $0.03 per share, in the period, up from $0.94 million, or $0.02, in the year-prior quarter.

Revenue fell to $2.09 million from $2.16 million.

The company's shares closed up $0.01 to $0.84 on the TSX Venture Exchange.

Previous page： Ouster Q4 Loss Narrows, Revenue Increases; Q1 Revenue Outlook Set Next page： Cathedral Energy Services Q4 Profit Falls 83% Despite Higher Revenue

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Ouster Q4 Loss Narrows, Revenue Increases; Q1 Revenue Outlook Set

Mar 26, 2024

05:16 PM EDT, 03/26/2024 (MT Newswires) -- Ouster (OUST) reported a Q4 loss late Tuesday of $0.95 per diluted share, narrower than a loss of $2.54 a year earlier. Three analysts polled by Capital IQ expected a loss of $0.83. Revenue for the quarter ended Dec. 31 was $24.4 million, up from $10.9 million a year earlier. Analysts surveyed by...

Cathedral Energy Services Q4 Profit Falls 83% Despite Higher Revenue

Mar 26, 2024

05:14 PM EDT, 03/26/2024 (MT Newswires) -- Cathedral Energy Services ( CETEF ) on Tuesday said its fourth-quarter profit fell 83% on charges, even as revenue rose. The oilfield-services company said it earned C$1.77 million, or C$0.01 per share, in the period, down from C$10.27 million, or C$0.05, in the year-prior quarter. Revenue rose 4.5% to C$145.42 million from C$139.15...

Musk's xAI to enable chatbot Grok for all premium subscribers of X

Mar 26, 2024

(Fixes typographical error in paragraph 3) (Reuters) -Elon Musk said on Tuesday artificial intelligence startup xAI's chatbot, Grok, will be enabled for all premium subscribers of social media platform X, formerly Twitter. He announced it in a post on X, without revealing any more details. Previously, the chatbot was available only to Premium+ subscribers. As more advertisers move away from...

Microstrategy Insider Sold Shares Worth $3,970,727, According to a Recent SEC Filing

Mar 26, 2024

05:17 PM EDT, 03/26/2024 (MT Newswires) -- Michael J Saylor, 10% Owner, Director, Executive Chairman, on March 25, 2024, sold 2,340 shares in Microstrategy ( MSTR ) for $3,970,727. Following the Form 4 filing with the SEC, Saylor has control over a total of 2,660 shares of the company, with 2,660 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1050446/000095017024036565/xslF345X03/ownership.xml Price: 1867.2, Change:...