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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100