Freightos Limited (CRGO) released Loss for its fourth quarter that decreased from last year and beat the Street estimates.
The company's bottom line came in at -$9.84 million, or -$0.20 per share. This compares with -$3.32 million, or -$0.07 per share, last year.
Excluding items, Freightos Limited reported adjusted earnings of -$3.51 million or -$0.07 per share for the period.
Analysts on average had expected the company to earn -$0.09 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 25.3% to $6.59 million from $5.26 million last year.
Freightos Limited earnings at a glance (GAAP) :
-Earnings: -$9.84 Mln. vs. -$3.32 Mln. last year.
-EPS: -$0.20 vs. -$0.07 last year.
-Revenue: $6.59 Mln vs. $5.26 Mln last year.
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