Lower orders led to diminishing revenues and higher shortfall, in the third quarter of 2022 earnings season Bm Technologies Inc slipped into shortfall to $-0.41 per share, while Revenue dropped by -9.63 % to $
19.86 millions, year on year.
In the preceding reporting period Regional Banks company realized Revenue of $28.65 millions and bottom line of $0.35 per share.
For the third quarter of 2022 earnings season Bm Technologies Inc logged net shortfall of $-4.920 million, instead of net earnings of $8.794 millions stand at in the corresponding reporting period a year before.
BMTXs' $0.23 million impairment of assets, was mainly responsible for the third quarter of 2022 earnings season shortfall, but without it, Bm Technologies Inc would still struggle to break even.
Bm Technologies Inc is expected to report next financial results on May 09, 2023.
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