earnings
confidence high
sentiment negative
materiality 0.70
Aeries Technology Q2 FY2025 net loss $2.3M; revenue down 4% to $16.9M
Aeries Technology, Inc.
2025-Q2 EPS reported
-$0.42
revenue$33,540,000
- Revenue $16.9M, down 4% YoY; North America revenue $15.7M, up 13% from $13.9M.
- Net loss of $2.3M vs net income of $0.9M; operating loss of $4.1M vs income $1.5M YoY.
- Adjusted EBITDA negative $2.3M vs positive $3.0M; Core Adjusted EBITDA $0.2M, down 82%.
- CEO cites refocus on North American GCC market; strong pipeline and new FY2025 guidance.
- No specific FY2025 guidance figures provided in the release.