Agrify Announces Results for Second Quarter 2022

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Go back to Agrify Announces Results for Second Quarter 2022

Roth Capital Downgrades Agrify Corp. (AGFY) to Neutral

August 16, 2022 8:42 AM EDT

Roth Capital analyst Scott Fortune downgraded Agrify Corp. (NASDAQ: AGFY) from Buy to Neutral with a price target of $1.50.

The analyst comments "Agrify reported 2Q22 revenues of $19.3M, well below expectations, and lowered '22 guidance in half to $70M-$75M on delays and capital market... More

Agrify Corporation (AGFY) Misses Q2 EPS by $3.24

August 15, 2022 7:04 AM EDT

Agrify Corporation (NASDAQ: AGFY) reported Q2 EPS of ($3.51), $3.24 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $19.3 million versus the consensus estimate of $28.93 million.

For earnings history and earnings-related data on Agrify Corporation (AGFY) click here.

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