SRAX Reports Second Quarter of 2018
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- US stocks close down as oil spikes 12%, job market weakens
- U.S. nonfarm payroll employment unexpectedly falls in February
- Oracle stock falls on report of scrapped Texas data center plans
- Kuwait cuts oil output as storage fills up
- Boeing reportedly nearing 500-aircraft deal with China ahead of Trump visit
- After-hours movers: Marvell, Samsara, GAP, Cooper Cos.
- After-hours movers: Broadcom, StubHub, Cracker Barrel, Grocery Outlet, Veeva Systems and more
- After-hours movers: Moderna, CrowdStrike, Ross Stores, Box and more
- After-hours movers: MongoDB, Credo, SoFi Technologies and more
- After-hours movers: Dell, Block, CoreWeave, Autodesk, MARA and more
Social Reality (SRAX) Reports Q3 Loss of $0.29, Revenues Miss
August 14, 2018 9:22 AM UTCSocial Reality (NASDAQ: SRAX) reported Q3 EPS of ($0.29), versus ($0.05) reported last year. Revenue for the quarter came in at $4.7 million versus the consensus estimate of $6.49 million.
Gross revenue was $4.7 million, compared to $5.9 million in the second quarter of 2017, which included high volume, low-margin revenue.Gross margin was 72%, compared to gross margin of 56% in the year ago quarter.Operating expenses were $5.4 million, compared to $3.3 million, reflecting a one-time $860,000 non-cash consulting fee paid in stock and ongoing headcount additions.Net loss was $3.0 million, which, in addition to the aforementioned consulting fee, included a one-time... More