Kaspien Holdings Inc: Jumps on lower Q2 loss, higher revenue

Kaspien Holdings

16/09/2020 13:33

** Shares of entertainment products retailer  KSPN.O  soar
~18% to $9.7 premarket - among best performers across U.S.
exchanges 
    ** KSPN's Q2 net loss narrows to $899,000, or 49 cents per
share, from $8.1 mln, or $4.48, per share a year earlier
    ** Company's Q2 revenue rises 23.5% to $42.3 million 
    ** Results boosted by strength in its subscriptions and
dropship segments  urn:newsml:reuters.com:*:nGNX2VmRxH    
    ** Up to Tuesday's close, stock had nearly quadrupled in
value

 (Reporting by Abhishek Manikandan in Bengaluru)
 ((Abhishek.Manikandan@thomsonreuters.com))