Crescera Capital Acquisition Corp   (CREC)
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    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial

Crescera Capital Acquisition Corp disclosed operating deficit in the third quarter of 2022

CREC announced third quarter of 2022 operating deficit of $-0.145794 millions

Published 2022-11-16T09:02:13+00:00
Goran Soko / CSIMarket.com Contributer

The investors did not anticipate some modifications at the top-line throughout the the earnings cycle of fiscal July to September 30 2022 at the Crescera Capital Acquisition Corp . Yet, shareholders observe the Blank Checks company's operating deficit that has been at $-0.145794 millions, during the same period.

The operating deficit has depleted from $-0.088245 millions, from the third quarter of 2021. But more importantly, the investors are wondering, if the CRECs' will start to cite the revenue.

The Bottom-line looks better in the most recent quarter. Crescera Capital Acquisition Corp has put some effort and increased net profit to $2.805 millions, from $1.634 millions, in the third quarter of 2021.

Crescera Capital Acquisition Corp is expected to report next financial earnings on March 30, 2023.

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