tiprankstipranks
Route1 Inc. Faces Revenue Decline in Q1 2024
Company Announcements

Route1 Inc. Faces Revenue Decline in Q1 2024

Route1 Inc (TSE:ROI) has released an update.

Route1 Inc. has reported a decline in its financial performance for Q1 2024, with total revenue dropping to $4,032K compared to $4,575K in Q1 2023. A net loss of $149K was recorded, a slight improvement from the $303K loss a year prior. The company has also seen a decrease in subscription and services revenue, highlighting challenges in their core business segments.

For further insights into TSE:ROI stock, check out TipRanks’ Stock Analysis page.

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles