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Allied Gaming & Entertainment: Q2 Earnings Snapshot

Allied Gaming & Entertainment: Q2 Earnings Snapshot

By AP News
Published - Aug 19, 2024, 04:11 PM ET
Last Updated - Aug 19, 2024, 04:11 PM EDT

NEW YORK (AP) — NEW YORK (AP) — Allied Gaming & Entertainment Inc. (AGAE) on Monday reported a loss of $3.8 million in its second quarter.

On a per-share basis, the New York-based company said it had a loss of 9 cents.

The company posted revenue of $2.6 million in the period.

In the final minutes of trading on Monday, the company's shares hit $1.38. A year ago, they were trading at 90 cents.

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