Ryvyl (RVYL) Reports Q3 Loss, Misses Revenue Estimates
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Ryvyl (RVYL) reported a Q3 loss of $0.53 per share, missing the Zacks Consensus Estimate of a $0.27 loss. This is an improvement from the $0.60 loss per share a year ago.
November 15, 2024 | 12:30 am
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Ryvyl reported a larger-than-expected Q3 loss of $0.53 per share, missing the consensus estimate of $0.27. Despite the miss, the loss is smaller than last year's $0.60 per share.
The larger-than-expected loss is likely to negatively impact RVYL's stock price in the short term. However, the improvement from last year's loss may provide some support.
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