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Giftify missed earnings estimates but beat revenue forecasts, with shares rising slightly despite a "Sell" rating.
Giftify (GIFT) reported a quarterly loss of $0.07 per share, slightly missing estimates, while revenue of $21.22 million exceeded expectations.
The company posted a net loss margin of 14.02% and negative return on equity of 56.95%.
Shares rose to $0.94 with low trading volume, maintaining a market cap of $29 million and a negative P/E ratio.
Analysts hold a consensus “Sell” rating, though Susquehanna International Group increased its stake by 62.1%.
The company provides a cloud-based digital gift platform for retail, hospitality, and corporate clients.
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Giftify perdió las estimaciones de ganancias, pero superó las previsiones de ingresos, con acciones que aumentaron ligeramente a pesar de una calificación de "Vender".