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An announcement from Nimble Holdings Company ( (HK:0186) ) is now available.
Nimble Holdings Company announced the unaudited financial results of its subsidiary, Emerson Radio Corp., for the nine months ending December 31, 2024. The company reported net revenues of $8.9 million, an increase from the previous year, but faced an operating loss of $3.1 million due to higher costs and expenses. The announcement highlights the challenges faced by Emerson Radio Corp. in managing costs despite revenue growth, impacting its financial performance adversely.
More about Nimble Holdings Company
Nimble Holdings Company Limited, incorporated in the Cayman Islands and continued in Bermuda, operates in the electronics industry through its subsidiary Emerson Radio Corp. Based in the United States, Emerson Radio Corp. is known for its consumer electronic products and has a significant presence in the market with its shares listed on the NYSE American exchange.
Average Trading Volume: 90,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$1.26B
Learn more about 0186 stock on TipRanks’ Stock Analysis page.
