Mohawk Group: Q1 Earnings Snapshot : vimarsana.com

Mohawk Group: Q1 Earnings Snapshot


Mohawk Group: Q1 Earnings Snapshot
May 6, 2021
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NEW YORK (AP) _ Mohawk Group Holdings, Inc. (ATER) on Thursday reported a loss of $82.6 million in its first quarter.
On a per-share basis, the New York-based company said it had a loss of $3.15. Losses, adjusted for non-recurring costs, came to 64 cents per share.
The company posted revenue of $48.1 million in the period.
Mohawk Group expects full-year revenue in the range of $360 million to $390 million.
Mohawk Group shares have fallen roughly 7% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $16.07, more than quadrupling in the last 12 months.

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