Nerdy Inc narrows loss through cost-cutting but revenue declines
NRDY Nerdy Inc
$5.80 -16.91%
View chart & analysis → - 1Nerdy Inc recorded a third-quarter loss of $1.01 per share.
- 2Nerdy Inc achieved a 32.7% beat against the third-quarter consensus estimate of a $1.50 loss.
- 3Nerdy Inc reported third-quarter revenue of $33.19 million.
So what's the key point?
Nerdy Inc reduced its loss to $1.01 by cutting costs. The loss was smaller than what experts expected, which is positive news for investors.
Source Earnings Whispers · View original ↗
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