AGM Group 1H Loss Narrows On Lower Expense

  • Integrated technology company AGM Group Holdings Inc AGMH reported the first-half FY21 revenue of $nil, versus $8,449 posted last year. Third parties generated all the revenues last year.
  • The operating loss narrowed to $(0.50) million. The net loss contracted to $(0.51) million.
  • AGM Group held $0.46 million in cash and equivalents as of June 30, 2021, and used $(0.35) million in operating cash flow during the six months.
  • AGM Group appointed former Pintec Technology Holdings Ltd PT CFO Steven Yuan Ning Sim as the CFO, effective September 24, as Zhihe Yang resigned.
  • Price Action: AGMH shares traded lower by 1.12% at $8.85 on the last check Wednesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!