Minim down as Q2 revenue falls

FIEE

18/08/2022 16:24

** Shares of WiFi products provider Minim Inc  MINM.O  fall
6% to $0.36
    ** MINM's Q2 revenue falls 13.6% to $12.9 mln  urn:newsml:reuters.com:*:nGNX6LnnNl
    ** Qtr hurt as consumers cut spending in a challenging macro
environment 
    ** Net loss in the quarter widens to $4.4 mln from $1.6 mln
last year; company says it identified inventory costing errors 
    ** Stock down 71% YTD, including session moves

 (Reporting by Amruta Khandekar)
 ((Amruta.Khandekar@thomsonreuters.com;))