March 26, 2024

Ron Finklestien

Ryvyl Faces Tough Earnings Season: EPS Falls Short, Revenue Beats Expectations in Q4 2023

RVYL stock - RVYL Stock Earnings: Ryvyl Misses EPS, Beats Revenue for Q4 2023

Source: iQoncept / Shutterstock

Ryvyl (NASDAQ:RVYL) has just disclosed its results for the final quarter of 2023.

  • Ryvyl posted earnings per share of -$1.17, strikingly lower than the anticipated EPS of -40 cents.
  • The company’s revenue stood at $22.25 million.
  • This figure surpassed analyst predictions, beating expectations by 23.61% as the revenue was projected to reach $18.00 million.

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Article printed from InvestorPlace Media, https://investorplace.com/earning-results/2024/03/rvyl-stock-earnings-ryvyl-for-q4-of-2023/.

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