Near Intelligence slides on bigger Q4 loss

Near Intelligence

28/03/2023 12:54

** Shares of data intelligence firm Near Intelligence
Holdings Inc  NIR.O  down 3.2% at $4.82 in pre-market trading
    ** Q4 net loss attributable more than doubles to $20.8 mln
from $9.6 mln yr-ago  urn:newsml:reuters.com:*:nBw2xC46Ja
    ** Also posts Q4 total rev of $15.3 mln, up 5% from Q4 2021
    ** Expects Q1 total rev to be between $15 mln to $15.5 mln
and FY 2023 total rev about $81.0 mln
    ** Shares down ~51% YTD

 (Reporting by Yamini Kalia)
 ((Yamini.Kalia@thomsonreuters.com))