Allied Gaming & Entertainment: Q1 Earnings Snapshot
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Audio By Carbonatix
1:09 PM on Monday, May 20, 2024
The Associated Press
NEW YORK (AP) — NEW YORK (AP) — Allied Gaming & Entertainment Inc. (AGAE) on Monday reported a loss of $1.7 million in its first quarter.
The New York-based company said it had a loss of 4 cents per share.
The company posted revenue of $2.4 million in the period.
In the final minutes of trading on Monday, the company's shares hit 79 cents. A year ago, they were trading at $1.02.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AGAE at https://www.zacks.com/ap/AGAE