Allied Esports: Q1 Earnings Snapshot

June 24, 2022 GMT

IRVINE, Calif. (AP) _ Allied Esports Entertainment Inc. (AESE) on Friday reported a loss of $3.8 million in its first quarter.

The Irvine, California-based company said it had a loss of 10 cents per share.

The company posted revenue of $2.4 million in the period.

In the final minutes of trading on Friday, the company’s shares hit $1.44. A year ago, they were trading at $2.31.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AESE at https://www.zacks.com/ap/AESE