Troika Media Fails To File FY21 10-K In Time, Reports Revenue Decline

  • Media company Troika Media Group Inc TRKA could not timely file its Form 10-K for the year ended June 30, 2021, due to delays in obtaining and compiling information.
  • Troika's FY21 revenues declined 34.2% year-on-year to $16.2 million. 
  • The decrease was predominantly due to the pandemic triggered underperformance of both the U.K. and U.S. subsidiaries of Mission-Media Holdings Limited.
  • Price Action: TRKA shares traded lower by 0.39% at $1.27 in the market session on the last check Wednesday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksTechBriefs
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!