Reports Q3 revenue $10.622M vs $15.931M last year. “We are pleased to share our third-quarter results,” said Gary Atkinson, CEO of Algorhythm (RIME). “This was a highly active and transformational period for our business. We focused on integrating our recent acquisition of SemiCab, secured notable new pilot contracts for SemiCab’s logistics technology platform, and finalized a landmark OEM partnership for our automotive karaoke technology with BYD, a leading global EV manufacturer. Additionally, we supported our legacy retail karaoke partners as they prepared for the holiday season. I am proud of our team for successfully managing critical initiatives across multiple fronts, driving our business forward.”
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RIME:
- Singing Machine, Stingray announce karaoke partnership with BYD
- Algorhythm files to sell common stock and warrants, no amount given
- Algorhythm Holdings Modifies Agreements and Shareholder Quorum
- Algorhythm annon es SeCab entered a MSA with Apollo Tyres
- Algorhythm signs new MSA with leading Mumbai-based goods company