A3 Verticals missed Investing.com’s earnings and revenue forecasts for the quarter

by time news

A3 Verticles (NASDAQ: IIIV) published its financial reports for the first quarter, in which it was below expectations and revenues that missed the expectations of the analysts.

The company reported EPS of $-0.01 and revenue of $86M. Investing.com analysts expected EPS of $0.36 and revenue of $87.52M.

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Ai3 Verticals’ stock price is up 18% since the start of the year, and is now still 6.83% off its 52-week high of $30.83 set on February 2.

After the publication of the reports, Ai3 Verticals shed 1.98% and is trading at a price of $28.16 in the trading hours after the close.

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