Remark Holdings Announces Preliminary Third Quarter 2020 Revenue
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Remark Holdings (MARK) Reports Q3 Revenue In-Line with Prelim.
November 23, 2020 12:39 PM ESTRemark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, today announced financial results for its fiscal third quarter ended September 30, 2020.
"The third quarter of 2020 was highlighted by a sequential quarter over quarter doubling of revenue from China as the country emerged from post-COVID-19 lock-downs. We were able to restart certain projects, including the conversion of bank and mobile retail outlets to smart stores, and smart school safety installations at primary schools in several Provinces of China. We anticipate another doubling of... More
Remark Holdings (MARK) Reports Q3 Revenue Range Below Consensus
November 16, 2020 4:29 PM ESTRemark Holdings (NASDAQ: MARK) reported Q3 revenue for the quarter came in at $2.6 million versus the consensus estimate of $2.82 million.
Revenue for the third quarter of 2020 is expected to be in a range of $2.5 million to $2.7 million, up from $0.7 million during the third quarter of 2019.Revenue in China is preliminarily estimated to more than... More