Remark Holdings Reports Fourth Quarter and Full Year 2018 Results
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Remark Media (MARK) Misses Q4 EPS by 10c, Revenues Miss
April 1, 2019 4:31 PM EDTRemark Media (NASDAQ: MARK) reported Q4 EPS of ($0.19), $0.10 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $22.3 million versus the consensus estimate of $26.64 million.
"We closed the year on a strong note, generating solid top-line growth at both of our business segments," said Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings. "Our success in turning around Vegas.com under our ownership during the past three years has allowed us to move forward in monetizing this asset and transitioning into a pure-play AI enterprise. Our sale of... More
