Earnings Outcomes: Commerce Desk earnings beat expectations, inventory rises

Promoting-technology firm Commerce Desk Inc. topped expectations with its quarterly outcomes and outlook Wednesday, and its shares had been transferring greater within the prolonged session after the report.

The corporate recorded first-quarter internet revenue of $9 million, or 2 cents a share, whereas it posted a internet lack of $15 million, or three cents a share, within the year-before quarter. Analysts had been anticipating an 8-cent loss per share on a GAAP foundation.

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