MARK - Remark Holdings GAAP EPS of -$5.22 revenue of $11.7M
2023-04-17 16:25:09 ET
- Remark Holdings press release ( NASDAQ: MARK ): FY GAAP EPS of -$5.22.
- Revenue of $11.7M (-26.9% Y/Y).
- Gross profit decreased to $0.3 million in fiscal 2022 from $4.5 million in fiscal 2021 commensurate with decreased revenue.
- The company's operating loss of $21.3 million during fiscal year 2022 reflected an increase of $7.4 million from an operating loss of $13.9 million during fiscal year 2021.
- On December 31, 2022, the cash balance totaled $0.1 million, compared to a cash balance of $14.2 million on December 31, 2021.
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Remark Holdings GAAP EPS of -$5.22, revenue of $11.7M