Brief: Agrify Corporation Announces Q2 Results 2023

RYTHM

12/12/2023 12:23

Dec 12 (Reuters) - Agrify Corp  AGFY.O :
    * AGRIFY CORPORATION ANNOUNCES RESULTS FOR SECOND QUARTER
2023
    * AGRIFY CORP - QTRLY REVENUE WAS $5.1 MILLION FOR Q2 2023,
COMPARED TO $19.3 MILLION FOR Q2 2022
    * AGRIFY CORP: QTRLY NET LOSS $4.39 PER SHARE
    * AGRIFY CORP- WILL CONTINUE TO MAKE FOCUSED REDUCTIONS IN
COSTS
AND INCREASE ORGANIZATIONAL EFFICIENCY
    * AGRIFY CORP - TOTAL HEADCOUNT HAS ALSO BEEN REDUCED BY
55%, FROM
190 TO 85 ON JUNE 30, 2023

Source text for Eikon:  ID:nGNX6HLbbj 
Further company coverage:  AGFY.O 

 ((Reuters.Briefs@thomsonreuters.com;))