Securitize Corp records $66.3 million net loss despite revenue recovery
SECZ Securitize Corp
$9.06 +6.21%
View chart & analysis → - 1Securitize Corp's total revenue rose to $18.61 million in its first quarter after going public.
- 2Securitize Corp's net loss reached $66.3 million in its first quarter after going public.
- 3Management reaffirmed an annual revenue range of $70 million to $80 million.
So what's the key point?
Securitize Corp's revenue increased, but the company recorded a $66.3 million loss. It is still seeing a large deficit even as revenue grows.
Source Earnings Whispers +1 · View original ↗
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