(Adds Outlook, stock movement)
For the first-quarter, Freightos Limited (CRGO) expects revenue of $5.2 million to $5.3 million, with a year-over-year growth of 8 percent to 10 percent.
Annual revenue is projected to be in the range $22.4 million to $24 million, with a year-on-year growth of 11 percent to 18 percent.
CRGO was trading up by 4.81 percent at $3.050 per share in the pre-market trade on the Nasdaq.
For the fourth quarter, Freightos reported loss that decreased from last year.
The company's earnings totaled -$3.315 million, or -$0.07 per share. This compares with -$9.093 million, or -$1.40 per share, in last year's fourth quarter.
Excluding items, Freightos Limited reported adjusted earnings of -$2.929 million or -$0.06 per share for the period.
The company's revenue for the quarter rose 8.4% to $5.258 million from $4.849 million last year.
Freightos Limited earnings at a glance (GAAP) :
-Earnings (Q4): -$3.315 Mln. vs. -$9.093 Mln. last year.-EPS (Q4): -$0.07 vs. -$1.40 last year.-Revenue (Q4): $5.258 Mln vs. $4.849 Mln last year.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.