Mercurity Fintech Holding: Falls on lower Q3 revenue, net loss
27/11/2020 11:32
** Digital asset infrastructure solutions services
provider's shares MFH.O down 5.4% at $2.80 premarket
** Co posts Q3 revenue $41,000 vs $580,000 a year earlier
urn:newsml:reuters.com:*:nPn2zDf1a
** MFH reports Q3 adj. net loss attributable is $427,000
compared with net income of $396,000, a year earlier
** Co says Q3 total operating expenses rose 640.2% to
$644,000 due to rise in employee costs, office expenses and
professional fees
** Up to Wednesday's close, MFH shares are up 80.49% YTD
(Reporting by Lasya Priya M in Bengaluru)
((LasyaPriya.M@thomsonreuters.com;))