GreenBox POS Down 20% After 1Q Results - News Summed Up

GreenBox POS Down 20% After 1Q Results


By Josh BeckermanGreenBox POS shares were down 20% to $2.11 after the fintech company reported first-quarter results, including a revenue increase to $4.9 million from $4.7 million. Loss was 51 cents a share, compared with a loss of 38 cents a share a year earlier, due to factors including an increase in change in fair value of derivative liability and costs related to its growth and becoming a publicly traded company.


Source: Wall Street Journal May 17, 2022 20:46 UTC



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