Freight Technologies Sees Prelim. Q4 revenue $5M, Up 7.5% QoQ
Portfolio Pulse from Benzinga Newsdesk
Freight Technologies announced a preliminary Q4 revenue of $5M, marking a 7.5% increase from the previous quarter.
March 25, 2024 | 1:06 pm
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Freight Technologies announced a preliminary Q4 revenue of $5M, indicating a 7.5% increase from the previous quarter.
The reported 7.5% quarter-over-quarter revenue growth for Freight Technologies is a positive indicator of the company's financial health and operational efficiency. This growth rate is likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price. The direct mention of the company and its financial performance makes this news highly relevant and important for investors in FRGT.
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