(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.
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